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Nov 9, 2017

How the Murdoch sons handled merger gossip during September quarterly briefing

Lachlan and James Murdoch presented a po-faced denial that anything is changing at Fox.

Lachlan, Rupert and James Murdoch
Lachlan, Rupert and James Murdoch

Nobody cared about 21st Century Fox’s September quarter financial results at 8:30 am Sydney time today — all the analysts wanted to talk about was merger, deal, sale and will it happen? In what turned out to be a miserly 30 minute telephone briefing, they got zilch as the Murdoch sons pulled up the drawbridge of communication.

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