Just two days after a dramatic restructure at rival Fairfax media, Rupert Murdoch's News Limited has announced a major restructure of its own.
It will involve a merging of print and digial businesses, with an unspecified number of job losses.
News Limited moved to take a dominant role in Australia's pay tv industry, with a near $2 billion takeover bid for James Packer's Consolidated Media Holdings.
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It would give News Limited 50 percent control of the country's biggest pay TV operator Foxtel - and full ownership of Fox Sports.
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