News Corp. started as one company but split into two in 2013: 21st Century Fox with the entertainment assets and News Corp. with publishing and media assets, including The Wall Street Journal and HarperCollins. The Murdoch family controls both corporations but had spun off the Fox properties in...
Just when Wall Street pundits think they've figured out Rupert Murdoch, the 86-year-old media tycoon throws them a curveball -- likeselling mostof 21st Century Fox's (FOXA) entertainment assets to Walt Disney (DIS)for $52.4 billion. The question now is: What will happen next?