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    Murdoch family launches a new Fox; former House Speaker Paul Ryan joins company's board

    by Meg James, Los Angeles Times Mar 19, 2019 3 minutes

    Rupert Murdoch's 21st Century Fox has spun off various television assets - including the Fox News Channel and Fox broadcast network - to form a new company that will be known simply as Fox Corp.

    The spinoff completed early Tuesday is part of a multi-pronged process that will culminate with the $71.3-billion sale of the rest of Murdoch's entertainment company to Walt Disney Co. The company announced that it had finished the process of issuing shares in the new Fox Corp. to investors of 21st

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