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Murdoch Sees ‘Streamlined’ News Corp.

Feb 24, 2009  •  Post A Comment

News Corp. Chairman Rupert Murdoch wrote the company will create “a streamlined management structure between our Los Angeles-based business units and the rest of the company,” according to a memo to employees about the departure of Peter Chernin, the Los Angeles Times reports. The result will be cost savings, Murdoch added, according to the memo.
—Aimee Picchi

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