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News Corp. split

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News Corp. informed that Tom Mockridge had resigned as the chief executive officer of News International. He is due to step down at the end of December. Tom Mockridge’s resignation came after information that Robert Thomson, who is the managing editor of the Wall Street Journal, would run the new publishing company of News Corp.

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On the 31st of October, Consolidated Media Holdings Ltd. informed that shareholders voted in favor of a $2.1 billion takeover offer from Rupert Murdoch’s News Corp. The approval of the takeover of Consolidated Media Holdings means that News Corp. will increase its share of Australian pay-TV market.

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