Another company called 21st Century Fox will focus on entertainment, anchored by a movie studio and the Fox television network.

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The Fox Sports television network said Monday that it will launch a new, all-sports TV channel in Brazil as part of a planned expansion in Latin America's largest country.

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Additionally, Twentieth Century Fox Television sold the off-network syndication rights to its sibling group Fox Television Stations, also for a fall 2013 roll out.

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Murdoch already owns Britain's biggest daily tabloid newspaper, The Sun, as well as U.S. news television network Fox.

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The larger one would hold the television and entertainment assets, such as 20th Century Fox, the Fox broadcast network, Fox News, Sky Italia and a 39% stake in British Sky Broadcasting.

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On television, Mr. Mossberg appears frequently as a technology commentator for the Fox Business network.

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This Friday, a multi-network, commercial-free roadblock returns to television spanning ABC, CBS, NBC, FOX, HBO, and many more.

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