Rupert Murdoch paved the way for his daughter Elisabeth (Liz) to join News Corp (NWSA.O) as a senior executive on Monday by buying her television production company Shine in a 415 million pounds ($673 million) deal. Liz Murdoch founded UK-based Shine, which makes shows such as Masterchef and Merlin, in 2001. Rupert Murdoch, whose News Corp owns broadcaster Fox and publishes newspapers including the Wall Street Journal and the UK's News of the World, said he expected Liz Murdoch to join the board of News Corp on completion of the deal.
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