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News Corporation Announces Additional Senior Appointments For Proposed Publishing Company

Stock quotes in this article: NWS, NWSA 

Prior to joining The Times, she was Head of Corporate Communications at the Financial Times for seven years where, among other projects, she worked on the launch of the Weekend FT, the launch of the FT's US edition and the launch of  FT.com.

About Mr. Lewis

Since July 2011, Mr. Lewis has been an executive member of News Corporation’s Management and Standards Committee, and he will remain a member of the MSC. He joined News International as Group General Manager in September 2010.

Mr. Lewis was previously Editor-in-Chief of Telegraph Media Group, which he joined in 2005. Under his editorship, the Daily Telegraph was named Newspaper of the Year, and Mr. Lewis named Journalist of the Year, in the British Press Awards following the paper’s role in exposing the parliamentary expenses scandal. Mr. Lewis led the team that designed and created the Daily Telegraph’s acclaimed newsroom, organising the paper’s move from its previous premises.

From 2002 until his move to the Daily Telegraph, Mr. Lewis was business editor of the Sunday Times. He previously worked at the Financial Times in a number of senior roles, including news editor and New York-based mergers and acquisitions correspondent.

News Corporation Separation

On June 28, 2012, News Corporation announced that it intends to pursue the separation of its publishing and its media and entertainment businesses into two distinct publicly traded companies. The global publishing company that would be created through the proposed transaction would consist of the Company’s publishing businesses, its education division and other Australian assets. The global media and entertainment company would consist of the Company’s cable and television assets, filmed entertainment, and direct satellite broadcasting businesses. Following the separation, each company would maintain two classes of common stock: Class A Common and Class B Common Voting Shares. The separation is expected to be completed in approximately one year from the date of announcement. In addition to final approval from the Board of Directors and stockholder approval of certain amendments to the Company’s Restated Certificate of Incorporation, the completion of the separation will be subject to receipt of regulatory approvals, opinions from tax counsel and favorable rulings from certain tax jurisdictions regarding the tax-free nature of the transaction to the Company and to its stockholders, further due diligence as appropriate, the execution of certain agreements relating to the distribution, and the filing and effectiveness of appropriate filings with the SEC. On December 21, 2012, New Newscorp LLC filed an initial Form 10 registration statement and News Corporation filed a preliminary proxy statement with the Securities and Exchange Commission in connection with the separation. The Company has also applied for certain regulatory approvals and tax rulings required to enable the separation to be completed as described. There can be no assurances given that the separation of the Company's businesses as described will occur.

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