‘Intense’ News Corp restructure to target premium content
News Corp has inked an extension to its US$100 million ($152 million) a year content deal with Google as it progresses an “intense and ongoing” restructure expected to strip tens of millions of dollars from its Australian publishing business.
The Murdoch family-controlled business’s global chief executive, Robert Thomson, delivered the company’s third quarter results on Thursday morning, noting a challenging advertising market that had hit the news division in particular.
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