3 Media Stocks in Focus: News Corp. Divides, the New York Times Lines Up Globe Bids, and Netflix Brings Back ‘Orange’

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News Corp. (NASDAQ:NWSA): News Corp. has officially spun off its publishing business and entertainment business on Friday, with the new News Corp. and 21st Century Fox (FOXA) making their trading debuts. The spin off is providing the company a way to try and reinvent itself after a phone hacking scandal crippled the News-owned News of the World, and landed the company with a $139 million compensation settlement.

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