It's Splits-ville for News Corp, Comic-Con Sets Up a Power Saturday: Biz Break

In Thursday's round up of news briefs, News Corp chairman Rupert Murdoch made it official that his media empire will be divided into two companies. Also this morning, skateboarding doc Waiting for Lightning headed for distribution, The Amazing Spider-Man gets a big release in one giant Asian country and the Men In Black brand readies for transformation.

Waiting for Lightning Heads to Samuel Goldwyn
Samuel Goldwyn Films has picked up U.S. rights to the Bandito Brothers' Waiting for Lightning. The SXSW Film Festival documentary follows skateboarding legend and action sports pioneer Danny Way on his journey to jump China’s Great Wall. Goldwyn plans a fall 2012 release.

Around the 'net…

News Corp Officially Splits
The company will separate its publishing and entertainment assets. Rupert Murdoch will be the chairman of both companies. Chase Carey will be president and COO of the media and entertainment entity, which includes Fox and other brands. The separation will take about a year, Deadline reports.

Comic-Con: Fanboys in for Marathon Saturday Panel Sessions
Tentpoles including Man of Steel, >The Hobbit: An Unexpected Journey, Pacific Rim and Iron Man 3 will all take place July 14th at the San Diego Convention Center's Hall H, which seats 6,000, Variety reports.

The Amazing Spider-Man to Get Widest-Ever India Release
The film will be released Friday, ahead of its U.S. launch and it will be the widest release for a Hollywood film ever in the country. Indian actor Irrfan Khan (Slumdog Millionaire) makes a cameo as Dr. Rajit Ratha in the pic, THR reports.

Men In Black Franchise Will Broaden
Sony Pictures Entertainment and Starlight Runner Entertainment are heading toward an evolution of the Men In Black brand to transmedia. The brand will extend its story into a number of possible properties, Variety reports.