NEWS CORP. NEWS

News Corp. Spinning Off Phone Hacking Division Into Separate Company

I’m seeing double here! Four Krustys! “Spinoff!” Is there any word more thrilling to the human soul? Well, today billionaire tyrant Rupert Murdoch, CEO of FOX’s parent company News Corp., confirmed he’s splitting his baby in half and spinning off his cherished print assets (including the publishing company HarperCollins, which has published almost all Simpsons books) into a separate company within the next 12 months. Although Murdoch denies it has anything to do with the phone hacking scandal, this move will help insulate FOX News from the British tabloids that done did the hacking, allowing the cable news channel to maintain its high standards and journalistic integrithahahaha

[FOX Business]