Arab Today, arab today news corp sells 33 local publications
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

News Corp sells 33 local publications

Arab Today, arab today

Arab Today, arab today News Corp sells 33 local publications

New York - AFP

News Corp, the publishing group created with the split of Rupert Murdoch\'s media empire, said Tuesday it was selling 33 local publications to a group led by Fortress Investment Group. The sale includes eight daily and 15 weekly newspapers which are part of the Dow Jones Local Media Group. \"These newspapers share a strong tradition of service in their communities and a highly talented staff,\" said Robert Thomson, chief executive of News Corp. \"We are confident that the papers will prosper under the new owners, but they were not strategically consistent with the emerging portfolio of the new News.\" The breakup in June created two companies, one called 21st Century Fox which included the company\'s film and television assets, with the publishing arm known as \"New News Corp.\" Among the papers sold are the Times Herald-Record of Middletown, New York; Cape Cod Times in Hyannis, Massachusetts; The Record in Stockton, California; and The Mail Tribune in Medford, Oregon. The newspapers will be merged into GateHouse Media, one of the largest publishers of locally based print and online media in the United States, a News Corp. statement said. Murdoch, who remains in charge of both companies, has said the breakup would create more value for shareholders and allow each unit to be better managed. Terms of the sale were not announced. News Corp. includes well-known newspapers like the Wall Street Journal and New York Post in the United States, The Sunday Times of and The Sun in Britain, and The Australian. It also includes Dow Jones news agency, Fox Sports Australia and the HarperCollins publishing house.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today news corp sells 33 local publications Arab Today, arab today news corp sells 33 local publications

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today news corp sells 33 local publications Arab Today, arab today news corp sells 33 local publications

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Media: صحافة
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday