Headline-grabbing way to take the news out of News Corp – FT.com
If Mr Murdoch wants to preserve his newspaper legacy and his hopes for family succession, he could engineer a sale of the News International UK titles to News Ltd, which could then be spun off to shareholders as an Australia-listed company under Lachlan’s leadership, still with the same family stake.
As the Sun on Sunday launch shows, it is rash to make predictions when a defiant Mr Murdoch is calling the shots. News Corp may never be all Corp and no News. But the establishment of an Australian-based, family-run newspaper business would represent a poetic return to where he took over from his father, almost 60 years ago.