Executives at Rupert Murdoch's News Corp. are weighing a plan to split in two, creating separate publishing and entertainment operations, according to a report in The New York Times. The move would divide off Murdoch's newspapers, including The Wall Street Journal, The Times of London, and the New York Post, plus book publisher HarperCollins, from the media giant's more lucrative TV networks and the Fox movie division. The Murdoch family would control both new companies. Mudoch has rejected such plans in the past, but his opposition is reportedly softening amid a damaging scandal roiling his British newspapers.
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