Rupert Murdoch’s New Empire: Who’s Up, Who’s Down (Analysis)

By: Georg Szalai | The Hollywood Reporter

For much of the first half of 2012, Rupert Murdoch struggled with a decision he knew would affect his legacy as a media mogul: to split or not to split the far-flung entertainment and publishing empire he had built for six decades.

Investors, analysts, bankers and some of his own executives repeatedly had pitched the idea as a way to unlock the value of Murdoch’s TV and film assets without the drag of his cherished but more challenged newspaper businesses.

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