Raymond Snoddy says News Corp shares were up 8% on the mere prospect of a demerger and there could be a further modest rise when the deal is actually completed. If you can add say 10% to the value of a multi-billion corporation by what is little more than a paper transaction why on earth would you not do it?
More Press articles
News Corporation has issued a statement confirming that is is “considering a restructuring to separate its business into two distinct publicly traded companies”.
Raymond Snoddy wonders if there is there no end to the wisdom of Ofcom. But then the organisation has a really tricky problem to deal with. We call it the Leveson dilemma…
Rufus Olins, CEO, Newsworks, on why 30 million readers will pick up a newspaper during the 17 days of the Olympics…
The daily newspaper market is down -8.3% on May 2011, with just one title posting an increase over the year. i continues to see its circulation rise – the title is up 64.3% on this time last year.
News International has unveiled multi-platform audience figures across all NI platforms – print, website, tablet and smartphone.
Raymond Snoddy says despite the grandeur and scale of the evidence – and the abuses revealed in cruel detail – Leveson has little choice but to wend his way towards a better form of independent self-regulation…
Abba Newbery, News International commercial director of advertising strategy, says we need to re-consider the short-term trading conditions of national press and change our day-to-day trading model…
The completion of DMGT’s merger with online property site Zoopla following OFT clearance is a sign of strategically repositioning the group towards growth, according to Investec.
Online ad sales are slowing down as newspapers cut back on print and focus on their web offerings, according to Reuters.