News Corp’s Bid For BskyB Could Resurface After Younger Murdoch’s Exit – Forbes
Given that television is News Corp’s major business, contributing more than 50% to its value according to our estimates, it makes sense for the company to expand its television business presence in foreign markets. This will not only help it diversify its risk but also reduce dependence on news papers which are on a decline. Although it must be noted that newspaper business is relatively small for News Corp,. contributing a little over 10% to its value.