News Corp. should take a page from the U.S. government’s idea of splitting up “good banks” and “bad banks” by separating its growing assets from its bad assets, according to a report from Michael Nathanson of Sanford C. Bernstein, the Hollywood Reporter says. News Corp.’s “good assets” would comprise cable networks, the Sky Italia and Star Asia satellite TV platforms and MySpace, while the “bad assets” would consist of its film and broadcast TV units and its newspapers, book arm and magazines unit, the publication says.
—Aimee Picchi