Article: Fed: No major changes expected from News Corp's US move


AAP General News (Australia)
04-06-2004
Fed: No major changes expected from News Corp's US move

By Belinda Tasker

CANBERRA, April 6 AAP - News Corp's decision to pull up stumps in Adelaide and move
to the United States will place control of most of Australia's daily metropolitan newspapers
firmly in foreign hands.

But the millions of Australians who read News Corp's stable of newspapers, including
Sydney's Daily Telegraph and Melbourne's Herald Sun, are not likely to notice much difference.

No major job losses are expected as a result of News Corp officially becoming an American
company and there is unlikely to be any government pressure put on Rupert Murdoch to sell
his media assets ...

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