Crikey Worm

Dec 15, 2017

Crikey Worm: Rupert carves up 21st Century Fox

Good morning, early birds. Murdoch elder Rupert has approved a massive sell-off of 21st Century Fox assets. Plus, remember when we were told slashing penalty rates would boost employment figures? Turns out, not so much. It's the news you need to know, with Max Chalmers.

Max Chalmers

Freelance journalist

THE FOX AND THE MOUSE

Australian born media tycoon Rupert Murdoch has agreed to sell some of his most significant assets, shrinking his empire and refocusing attention on its news business.

The $66 billion deal will have Disney takeover 21st Century Fox assets including film and television studios, cable entertainment networks, and international TV businesses, according to Reuters. Disney is attempting to compete with digital content providers like Amazon and Netflix, and the deal will allow the company to gain access to franchises like Avatar and The Simpsons.

Free Trial

You've hit members-only content.

Sign up for a FREE 21-day trial to keep reading and get the best of Crikey straight to your inbox

By starting a free trial, you agree to accept Crikey’sĀ terms and conditions

0 comments

Join the conversation

The Crikey comment section is members-only content. Please login or sign up for a FREE trial to engage in the commentary.

Share this article with a friend

Just fill out the fields below and we'll send your friend a link to this article along with a message from you.

Your details

Your friend's details

Sending...