NEW YORK -- Media conglomerate News Corp. (NWSA) is set to appoint Robert Thomson, a veteran journalist and the managing editor of The Wall Street Journal, as the CEO of its new, as-yet-unnamed publishing company, according to a report in the Journal.
The paper cited unnamed "people familiar with the matter." News Corp. did not respond to a request for comment Saturday.
Thomson is also editor in chief of Dow Jones, the News Corp. division that includes the Journal and a financial news service.
News Corp. said this summer that it will split into two public companies, one for its newspaper and book publishing business and the other for its fast-growing movie and TV operations. Rupert Murdoch, whose family controls the New York-based conglomerate, will be chairman of both companies.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV