Murdoch dumps plans to recombine Fox, News Corp

Rupert Murdoch had proposed the deal last fall, nearly a decade after Fox Corporation and News Corporation split apart in 2013. His move to reunite the two arms of his media empire came after he so…

Rupert Murdoch has abandoned plans to combine Fox Corporation and News Corporation, a move that would have reunited his broadcasting and print publishing companies under one roof.

Fox Corporation operates the right-wing channel Fox News, in addition to Fox Sports and Fox TV Stations. News Corporation is the parent of The Wall Street Journal, New York Post, HarperCollins, and other iconic print publications. The companies said that their special committees that had been created to examine the possible merger had been dissolved and thanked them for their “efforts on this matter.

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