MAM
News Corp board gives the nod regarding US reincorporation
MUMBAI: Media conglomerate News Corporation has announced that a special committee of non-executive directors and the full board of directors have recommended the proposed reorganisation of the company.
It was in April that the company’s CEO Rupert Murdoch had announced plans to shift its incorporation to the US from Australia.
News Corp expects the reorganisation to be completed by the end of the year. As reported earlier by Indiantelevision.com the move to reincorporate in the US makes sense as 75 per cent of News Corp’s revenues and profits are from US based businesses like Fox and now Directv.
However the proposed move will not result in a change in strategy. The reorganisation must now be approved by News Corp’s shareholders.
As part of the plan, the board has approved of a deal under which News Corp. would acquire from the Murdoch family a holding company that owns News Corp shares and a 58 per cent stake in Australian newspaper publisher Queensland Press. News Corp already owns the rest of Queensland Press. This will result in the full consolidation of the Queensland Press publishing business,
The board, adviser bank UBS and the Murdoch family agreed to value the Queensland Press publishing business at 2.45 billion Australian dollars ($1.75 billion), after deducting about 500 million Australian dollars for debt.
After the deals are done, the Murdoch Interests, which are controlled by News Corp. Chief Executive Rupert Murdoch and his family, will own 29.48 percent of the voting shares of News Corp. US. This will be slightly less than the 29.87 per cent that they now own.
In a statement, the company said the deals would enhance demand for its stock and improve its performance by increasing the U.S. shareholder base and allowing the company to be included in U.S. stock indexes.
The deals will also simplify News Corp’s structure and allow external reporting consistent with its peer group.
MAM
Sleepwell unveils nationwide sleep study on World Sleep Day
79 per cent use screens before bed, 36 per cent of 18–25-year-olds sleep ≤5 hours.
MUMBAI: Sleepwell just dropped the pillow truth bomb because when India’s sleeping less and scrolling more, even the mattress wants to stage an intervention. On World Sleep Day 2026, Sleepwell released its nationwide Sleep Study, painting a stark picture of India’s escalating sleep crisis. The findings show that 79% of Indians use screens right before bed, fuelling restless nights and drowsy days. Alarmingly, 36% of young adults aged 18–25 sleep five hours or less making them the country’s most sleep-deprived group.
The study also busts the myth of “catch-up sleep”, 65% of respondents actually sleep even later on weekends, pointing to increasingly irregular patterns that spill fatigue into the working week. Mattress discomfort emerged as a frequently overlooked culprit behind late-night wake-ups and constant leak-anxiety checks.
To drive the message home, Sleepwell’s CMO Puneet Gulati appeared on Zee Business, stressing that quality sleep isn’t a luxury, it’s foundational health. He highlighted how the right mattress can transform restless nights into restorative ones.
The brand doubled down with clever late-night activations, partnering with a quick-commerce platform to serve contextual ads between 11 pm and 3 am, gently nudging bleary-eyed scrollers to consider mattress discomfort as the reason they’re still awake and pointing them to the nearest Sleepwell store. Digital influencers and creators also shared relatable stories of how poor sleep fuels impulsive late-night behaviour.
In a nation that celebrates hustle but quietly pays for it in lost rest, Sleepwell isn’t just selling mattresses, it’s selling the radical idea that sometimes the bravest thing you can do is close your eyes and actually sleep well.
