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Revolving Door Newsletter: 06.14.13

News Corp. Prepares for Split, Bauer Launches New Mags

June 14, 2013
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Rupert Murdoch's hulking behemoth makes more cuts as it prepares to split into two entities: 21st Century Fox and the new News Corp., consisting of publishing and education. The Wall Street Journal offers buyouts to some staffers, while The Times cuts 20 on the editorial side. News Corp. CFO David DeVoe leaves but will remain on the board of directors. His deputy, John Nallen, takes over the top moneyman position. The New York Post Sign Up Now!