More on News Corp. (NWS) split: The Murdochs will retain control of the companies, with Rupert...

|About: News Corporation (NWS)|By:, SA News Editor

More on News Corp. (NWS) split: The Murdochs will retain control of the companies, with Rupert to be Chairman of both. Murdoch will also be CEO of the media & entertainment company and Chase Carey President. News Corp. didn't say who would be CEO of the publishing company. The split would take about a year to complete. Shares flat premarket. (PR)