New York
– News Corporation (NYSE: NWS) has sold its Digital Publishing Group (DPG) unit to venture
capital firm VantagePoint Venture Partners for an undisclosed amount,
PaidContent reported.
The company will reportedly retain a stake in DPG, which was
founded in 2005 and creates content management and publishing systems for
customers including Fox’s stable of local TV stations.
The sell-off follow News
Corp.’s recent divestment of a number of other digital properties, including photo-sharing
site Photobucket, and movie review aggregation site Rotten Tomatoes.
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