At the risk of beating a dead multi-billion dollar company, let’s talk about that News Corp. split again. The board voted to move the plan forward, and made June 28 the official separation date. The two new companies will be News Corp. (publishing) and 21st Century Fox (movies and TV).
Aside from the official date, the other thing to note is that there’s more information about the boards of each company. Forbes reports that Rupert Murdoch, Lachlan Murdoch and James Murdoch will have seats on both. News Corp.’s board will also feature John Elkann (former Fiat chairman); Ana Paula Pessoa (partner at Brunswick Group, a PR firm); and Masroor Siddiqui (an investor). At 21st Century Fox there’ll be Delphine Arnault (deputy general manager at Christian Dior); Jacques Nasser (former Ford CEO); and Robert Silberman (executive chairman at Strayer Education).
Now, who wants to have a News Corp. Split Party on the 28th? We’re thinking jello shooters and an ice sculpture of Rupert giving a thumbs up. We’re flexible though.