News Corp. (NYSE: NWS) is considering a restructuring of its television division that is expected to a see a re-shuffling of duties among top executives, according to multiple sources with knowledge of the situation. While details are still being finalized, Peter Rice is expected to assume greater control over the entertainment assets, including the cable side, while David Hill will gain greater power on the sports side. Fox National Cable Networks President Rich Battista could end up either being reassigned within the company or no longer with the company. More at B&C.