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Rupert Murdoch’s determination to scrap a proposal to reunite his media empire places the long-term way forward for the financially stretched titles owned by the newspaper baron in danger.
Murdoch has scrapped a decade-long ambition to reunify Information Corp – dwelling to the Instances, Solar, Wall Avenue Journal and the Australian, with Fox, broadcaster of Fox Information and crown jewel NFL video games – after opposition from buyers and youngest son James.
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