/// Rupert Murdoch Announces The News Corp. Divorce: The Full Memo

June 28, 2012  |  All Things Digital


Justin Sullivan/Getty Images Here’s Rupert Murdoch’s official “internal” announcement explaining the News Corp. split. The important stuff: Murdoch will remain CEO of both the publishing business and the entertainment business. Chase Carey will be COO of the entertainment business. No details on the leadership of the publishing business. (Inside News Corp., people are keeping a close eye on Murdoch’s son Lachlan, who left the family business in 2005, but may well return.) The split will take a year or so to work out. Dear Colleagues: It is with much enthusiasm and personal pride that I share with you today’s news regarding our plan to drive towards the next, transformative phase of this organization you and I have built together into one of the largest, most innovative media companies of our time. That very size and breadth has created an opportunity to separate News Corporation into two global leaders in their own right — we will wow the world as two, as opposed to merely one. I believe our leadership is born out of a spirit of innovation

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Rupert Murdoch Announces The News Corp. Divorce: The Full Memo


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