{"id":2856,"date":"2012-07-07T22:00:30","date_gmt":"2012-07-08T06:00:30","guid":{"rendered":"http:\/\/www.xbizx.com\/index.php\/2856\/update-news-corp-confirms-plan-to-split-company\/"},"modified":"2012-07-07T22:00:30","modified_gmt":"2012-07-08T06:00:30","slug":"update-news-corp-confirms-plan-to-split-company","status":"publish","type":"post","link":"https:\/\/www.xbizx.com\/index.php\/2856\/update-news-corp-confirms-plan-to-split-company\/","title":{"rendered":"UPDATE: News Corp Confirms Plan to Split Company"},"content":{"rendered":"<p><a target=\"_blank\" rel=\"nofollow\" href='http:\/\/www.nasdaq.com\/article\/update-news-corp-confirms-plan-to-split-company-20120628-00530'>UPDATE: News Corp Confirms Plan to Split Company<\/a><br \/>News Corp. (NWS, NWSA) said it will separate its publishing business from its film and television divisions in a move that splits some of the world&#8217;s biggest media brands into two distinct public companies. One company will house entertainment  <\/p>\n<p><a target=\"_blank\" rel=\"nofollow\" href='http:\/\/www.foxnews.com\/us\/2012\/06\/28\/report-news-corp-board-approves-company-split\/'>Report: News Corp. board approves company split<\/a><br \/>NEW YORK     The board of directors at Rupert Murdoch&#8217;s News Corp. has approved a plan that calls for splitting the global media conglomerate into two separate companies, one holding its newspaper business and another its entertainment  <\/p>\n<p><a target=\"_blank\" rel=\"nofollow\" href='http:\/\/investing.businessweek.com\/research\/stocks\/news\/article.asp?docKey=600-201207060944KRTRIB__BUSNEWS_17120_17265-1&#038;params=timestamp||07\/06\/2012 9:44 AM ET||headline||Walgreen to acquire USA Drug, giving company 30 more stores in Tulsa area [Tulsa World, Okla.]||docSource||Knight Ridder\/Tribune||provider||ACQUIREMEDIA&#038;ticker=COST:US'>Walgreen to acquire USA Drug, giving company 30 more stores in Tulsa area [Tulsa World, Okla.]<\/a><br \/>July 06&#8211;Walgreen Co. is set for a major expansion in the Tulsa area after agreeing to acquire USA Drug, the parent company of May&#8217;s Drug, Med-X Drug and Drug Warehouse. Walgreen announced the $438 million deal Thursday, giving the company at  <\/p>\n<p><a target=\"_blank\" rel=\"nofollow\" href='http:\/\/www.msnbc.msn.com\/id\/48072871\/ns\/local_news-greenville_sc\/t\/electric-company-ceo-quits-gets-million-payout\/'>Electric company CEO quits, gets $10.3 million payout<\/a><br \/>Johnson last week signed a three-year employment contract and was supposed to become CEO of the combined company Tuesday, but he suddenly resigned. Duke said in the securities filing first reported by The Charlotte Observer that Johnson gets a  <\/p>\n<p><a target=\"_blank\" rel=\"nofollow\" href='http:\/\/news.cnet.com\/8301-1023_3-57464204-93\/dont-believe-the-hardware-hype-googles-still-an-ad-company\/'>Don&#8217;t believe the hardware hype: Google&#8217;s still an ad company<\/a><br \/>But Google is not a hardware company and is not becoming one. It is still an information company. Its main product is still its search engine. And it still makes 96% of its revenues from advertising. Hardware, for Google, is an avenue for that business  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>UPDATE: News Corp Confirms Plan to Split CompanyNews Corp. (NWS, NWSA) said it will separate its publishing business from its film and television divisions in a move that splits some of the world&#8217;s biggest media brands into two distinct public companies. One company will house entertainment Report: News Corp. board approves company splitNEW YORK The &hellip; <a href=\"https:\/\/www.xbizx.com\/index.php\/2856\/update-news-corp-confirms-plan-to-split-company\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">UPDATE: News Corp Confirms Plan to Split Company<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2856","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.xbizx.com\/index.php\/wp-json\/wp\/v2\/posts\/2856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.xbizx.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.xbizx.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.xbizx.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.xbizx.com\/index.php\/wp-json\/wp\/v2\/comments?post=2856"}],"version-history":[{"count":0,"href":"https:\/\/www.xbizx.com\/index.php\/wp-json\/wp\/v2\/posts\/2856\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.xbizx.com\/index.php\/wp-json\/wp\/v2\/media?parent=2856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.xbizx.com\/index.php\/wp-json\/wp\/v2\/categories?post=2856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.xbizx.com\/index.php\/wp-json\/wp\/v2\/tags?post=2856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}