BRIEF-Media Corporation Plc places subsidiary into administration

LONDON Mon Dec 17, 2012 9:20am EST

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LONDON Dec 17 (Reuters) - Media Corporation PLC : * Has placed eyeconomy, internet advertising business and wholly owned

subsidiary, into administration * Eyeconomy is no longer an appropriate fit with the ongoing strategic

direction of the group * Group's other trading operations are unaffected and continue to trade as

normal

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