News Corp (NWS) is hoping to unload some of its online properties, including religion-centered social network Beliefnet, Kara Swisher reports.
Murdoch’s company purchased Beliefnet in late 2007 for an undisclosed sum.
The company may also be planning to unload Jamba/Jamster, which it bought 51 percent of in 2006 for $187.5 million, and finalized the purchase in 2008.
The Fox Digital Media group, which is the segment of News Corp that owns Beliefnet, lost money last quarter. News Corp’s most recent earnings report doesn’t state the exact amount of the losses but notes that they worsened since last year, “principally due to lower search and advertising revenue.”