Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

News Corp sells US digital education unit

Rupert Murdoch's News Corp has sold its US digital education business Amplify which had been beset with technical issues and slowing sales.

The News Corporation building in New York

Rupert Murdoch's News Corp has sold its US digital education business Amplify. (AAP)

Rupert Murdoch's News Corp has sold its US digital education business Amplify to a management team supported by a group of private investors.

The company did not disclose the sale's financial terms.

News Corp was forced to write down $US371 million ($A528.87 million) on the troubled business, leading the group to a $US149 million net loss in 2014/15.

Amplify reportedly had suffered from a series of problems, including technical issues with its tablet computers, and sales had slowed.


1 min read

Published

Updated

Source: AAP



Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now

Watch the latest news videos from Australia and across the world