Last week, in the New York Times, Michael J. de la Merced reported on News Corp.’s plan to sell off its unprofitable education unit.
“News Corporation, controlled by Rupert Murdoch, said on Wednesday that it would take a $371 million write-down on the education division and would move to wind down the production of tablets for schoolchildren, a key part of the unit’s offering.
“Moreover, News Corporation’s chief executive, Robert Thomson, said in an earnings call with analysts that the company was in an ‘advanced stage of negotiations’ with a potential buyer for the remaining education business.
“Together, the moves highlight the difficulty that has confronted News Corporation and others looking to move teaching into the digital age, relying on…
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