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# News Corp Execs Meet to Discuss Breakup
- URL: https://ivn.us/news-corp-execs-meet-discuss-breakup/
- Published: 2012-06-26T20:40:30.000Z
- Updated: 2026-06-22T19:26:28.000Z
- Author: Kymberly Bays
- Tags: News

The media juggernaut, News Corporation, is holding a top-level meeting today in New York City to discuss the future of the company, according to [New York Times' DealBook](http://dealbook.nytimes.com/2012/06/26/top-executives-said-to-meet-to-discuss-breakup-of-news-corp/?ref=ivn.us). Specifically up for discussion is a potential breakup between the company's newspapers and other entertainment entities.

From the [Times article](http://dealbook.nytimes.com/2012/06/26/top-executives-said-to-meet-to-discuss-breakup-of-news-corp/?ref=ivn.us):

> *The spinoff, which could be announced as early as this week, comes as News Corporation’s newspapers, once the foundation of Rupert Murdoch’s $50 billion media empire, face financial strain and a decline in print advertising. The company’s British publishing unit, meanwhile, is still reeling from a phone-hacking scandal that led to the closure of its News of the World tabloid.*

Following news of the potential split, News Corp stocks jumped 8%.