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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

News Corp denies Los Angeles interest

I reported yesterday that Rupert Murdoch's News Corp was reported - by the Los Angeles Times - to be trying to acquire it from the Tribune company.

But I didn't spot that News Corp later issued a formal and unequivocal denial, as reported by Bloomberg News, among others: "Reports that News Corporation is in discussions with Tribune or the LA Times are wholly inaccurate".

As I noted in my item, it did seem a surprising move when Murdoch is preparing to split his organisation into two separate companies - publishing and entertainment. And there would also be big regulatory hurdles if he was to bid for Tribune.

The Financial Times reports today that News Corp is expected to file financial details relating to the split in December. It names Robert Thomson, the Dow Jones editor-in-chief and former Times editor, as a front-runner for the post of chief executive of the publishing outfit.

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