It’s official: 21st Century Fox and News Corp split, with new shares to be issued Monday

21st Century Fox will encompass News Corp.'s film and television studios as well as its broadcast and cable TV networks. | News Corp. is out. News Corp (with no period) and 21st Century Fox are in. As of 1:30 p.m. PT on Friday, the separation of ’s $75 billion media empire into two independent publicly traded companies became official. The split had been in the works for over a year. Preliminary shares have been trading since last week, reported the , and on Monday, shareholders who owned stock in as of June 21 will receive four shares of 21st Century Fox and one of the new News Corp for every four...