Rupert Murdoch wants to recombine his media empire. He is exploring options to remerge Fox Corp. and News Corp. He split the media empire in 2013 Both firms have formed special committees to study a potential deal. Both firms have changed drastically since their split. Fox now focuses on broadcasting and cable television. Meanwhile, News Corp has diversified into areas like online real estate services. Murdoch started the media empire with a single newspaper in Australia. The newspaper business collapsed with the advent of the digital age. Uniting the two profiles will broaden Murdoch’s portfolio. Fox’s mcap is about $16.7 billion while News Corp is valued at about $9.14 billion.
