Aug 7, 2014

‘We know where we’re going’: Murdoch calms the horses on Time Warner bid

All anyone wanted to talk about at the Fox briefing was the Time Warner bid, Crikey business writers Glenn Dyer and Paddy Manning report.

He decides, he appears, he speaks, he again rules out any future tilt at Time Warner … or does he? For the first time since the News of the World phone-hacking scandal erupted in July 2011, Rupert Murdoch joined a profit briefing in New York this morning. His message? Time Warner is off the agenda. 21st Century Fox has no other acquisitions planned.


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