Reportedly considering splitting its publishing and entertainment businesses into companies.

The Wall Street Journal, citing people familiar with the matter not , reported late Monday that a split would the 20th Century Fox film business and the Fox TV networks into a separate company News Corp.s newspaper and book publishing businesses.

The publicly listed company’s interests span newspaper and magazine publishing, Internet, Pay TV, National Rugby League, market research, DVD and film distribution, and film and television production trading assets.

The entertainment business would include the Fox News, Sports and Business channels, the report said.

The Publishing businesses include the York Post, The Times and Sun of London, the Dow Jones news service and the Harper Collins publishing imprints.

(PHOTOS: Rupert Murdochs Long and Winding Career)News Corp.s entertainment business accounted for about 75 percent of the companys revenue the months of the year.

The entertainment assets make up by far the bulk of the company, contributing three quarters of the $25.34 billion in revenue for the first nine months of the fiscal year.

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Brad Thomson is a business journalist based in Melbourne, Australia. Brad has a passion for financial markets and breaking news stories and loves writing about business news, stock market, and economic opinions that matters most to its audience. Brad spends a lot of time discovering and researching latest financial markets and industry news stories in order to make sure the latest and greatest stories are brought to you first on BigBoardNews.com.