UPDATE: Analyst Gives Upbeat Assessment of News Corp-Yahoo Deal

(NewsVisual, powered by IntellectSpace) -- While weighing in on the rumor that Rupert Murdoch's News Corp (NYSE: NWS) is pondering a strategic alliance with Yahoo! Inc (NASDEQ: YHOO), a prominent Wall Street financial analyst asserted that a deal with Yahoo “offers little downside to News Corp,” according to a MarketWatch.com article on Thursday.

Identifying the analyst as David Bank of RBC Capital Markets, the MarketWatch  article also quoted Mr Bank as saying that such a deal would probably ensure that Yahoo could “fend off” a hostile takeover from Microsoft Corp (NASDAQ: MSFT).

Regardless of the Microsoft dynamic, there exist many potential synergies between Yahoo and News Corp.

In particular, the most prevalent rumor suggests a strategic alliance between News Corp’s Internet property MySpace and Yahoo.

Yet, as NewsVisual reported in our Feb 22 article, Yahoo owns a revenue-generating Newspaper Consortium service that features 634 newspapers or partners.

Given News Corp's strong penchant for acquiring valuable news media properties, this could be the Yahoo asset that News Corp finds the sexiest to exploit in terms potentially using the Yahoo portal to leverage its own extensive news properties.

NewsVisual created an IntellectSpace Knowledge Map of Rupert Murdoch that illustrates his penchant for buying news-publishing assets.

Although he was most recently in the news because of his takeover of Dow Jones & Co, the Map shows Murdoch’s older personal connections to major corporate entities and organizations, including certain family ties that may also prove to aid in his continued corporate triumphs.

Murdoch’s impressive network, as illustrated here, offers valuable insight into how the corporate giant was able to achieve his current success.

He has held positions of Senior Leadership with multiple media entities over the years, including British Sky Broadcasting, DirecTV, Fox, and of course News Corp.

Click here for an interactive version of this IntellectSpace Knowledge Map.

(Note: the information contained and presented in Knowledge Maps is public information from the Securities and Exchange Commission of the United States of America).