The board of Rupert Murdoch's News Corporation is reported to have approved in principle the split of the $60bn media conglomerate.
The separation of its publishing and entertainment businesses is set to be formally announced later on Thursday.
The move would protect News Corp's more profitable TV operations from its UK newspaper business, which is embroiled in a phone-hacking scandal.
The group owns a 39% stake in UK satellite broadcaster BSkyB
Source & Image : BBC
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