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."