Today, the company formerly known as News Corporation officially began trading on the public markets as two new companies: News Corp. and 21st Century Fox.
The former News Corp.’s TV assets, including Fox News, FX and Fox broadcasting, are now part of 21st Century Fox, alongside film production. The company’s newspaper and publishing holdings, as well as Dow Jones and Australian pay TV company Foxtel, are now the new News Corp.
To mark the occasion, mimosas were served at the News Corp. building as employees walked in. and the companies bought full page spreads in the Wall Street Journal (a News Corp. paper) and the New York Times.
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