News Corp , Rupert Murdoch’s newspaper company, has split off from its larger 21st Century Fox entertainment arm; Time Warner has spun off its Time Inc magazines division and Gannett has split its local broadcasting business from the newspaper operation that includes USA Today and scores of regional publications.
Take context from the input text and decide on the accurate relationship between 'News Corp' and 'newspaper' from the options provided.
Options: parent organization, director/manager, stock exchange, product/material produced