Saturday, November 05, 2005

News Corp. May Form Internet Company

A Reuters newswire article, via eWeek, reports that:

Rupert Murdoch said News Corp. may form a new company with partners to allow the media giant to enter the U.S. high-speed Internet market, the Wall Street Journal reported on Saturday.

"Here (in the United States), we don't know," Murdoch told the newspaper. "We may be forming a company with partners to build something out here that would give you broadband."

News Corp., which controls top U.S. satellite TV service DirecTV Group Inc., does not currently offer high-speed Internet service.


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