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Nov 8, 2017

What you need to know about Fox, Disney and the future of Murdoch

What are global media watchers saying about the changing forecasts for Rupert Murdoch's media empire?

News is emerging that Rupert Murdoch is about to make drastic changes to his empire, disturbing a long held pattern of acquisition. There have been talks with Disney about buying part of the 21st Century Fox section of the empire, and although they are said to have failed, but selling still isn't off the table. Will the 86-year-old mogul be able to hold on to his influence even as the sands of business shift? Here's what some of the global experts are saying:

A tactical u-turn that is totally out of character. "It used to be said that Rupert Murdoch’s media empire would not survive intact beyond the founder’s lifetime. Now, it seems, it may not get that far ... This turn of events is extraordinary. We had assumed Murdoch’s attempt to seize 100% of Sky was a prelude to one last, and bigger, deal -- a final expansionary adventure before control was fully passed to sons Lachlan and James. Selling is also entirely out of character: Murdoch rarely does tactical retreats."

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2 comments

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2 thoughts on “What you need to know about Fox, Disney and the future of Murdoch

  1. brian crooks

    the sooner rupert dies the cleaner the world will be, old nick has the red carpet out and a job waiting, trouble is the miserable old bastard is so dried up and preserved he`ll be dead 6 months before any one notices, there wont be one tear shed for this evil old Tory, even amongst the Tory class, he`s even worse than them, and that`s hard to be, its going to be pretty crowded down then when Howard, Joyce, Abbott, Jones and Hadley and the rest of the current redneck mob arrive.

  2. AR

    How must he feel knowing that myriads are longing for his demise?

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