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The corporation is expected to solicit investment by private entities, among them union pension plans, in redevelopment.
News Corporation is expected to announce more details about both companies, including their capital structures, by the end of the year.
The cultural buildings and the memorial have been projected to cost about $600 million; the development corporation is expected to contribute about half that amount.
The development corporation is expected to provide $200 million to $300 million to the organizations selected, but has emphasized that they need to be self-sustaining.
The Empire State Development Corporation is expected to issue a notice this week that it will hold a public hearing on condemnation.
The audience in the United States for the telecast by Fox, part of the News Corporation, is expected to exceed 90 million viewers.
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News Corporation was expected to earn 24 cents a depositary receipt, the average estimate of two analysts surveyed by First Call/Thomson Financial.
A handful of subcontractors, including the P. J. Mechanical Corporation, are expected to be indicted on charges related to the Lehr investigation, according to defense lawyers and investigators.
A person briefed on the plans said News Corporation was expected to confirm its ambitions for a national network early in 2013.
Other computer makers, including the International Business Machines Corporation and the Tandy Corporation, are expected to add CD-ROM drives to less-expensive machines aimed at the education market.
That corporation was expected to engage in, and did engage in, a most extensive ocean transportation business, and its ships were seen in every great port of the world open during the war.
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