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Rupert Murdoch Mulls Putting Fox & News Corp. Back Together

Y2kTheNewOldies

Y2kTheNewOldies


Note this is in talks for now.


Media mogul Rupert Murdoch is exploring a re-combination of the family’s Fox Corp. and News Corp., which split into two separately companies nearly a decade ago. The boards of directors of both have set up committees to examine the possibility.

News Corp. said this afternoon that its board, at the request of Rupert Murdoch and the Murdoch Family Trust, has formed a special committee “composed of independent and disinterested members of the Board” to begin exploring a combination.

“The Special Committee, consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, will thoroughly evaluate a potential combination with Fox. The Special Committee has not made any determination with respect to any such potential combination at this time, and there can be no certainty that the Company will engage in such a transaction,” the News Corp. statement said.
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I wonder what my old mass media professor would think of this? That lady did not like newscorp and Murdoch. She would always go on tangets about how much she disliked the guy.
 
but what happens when the elderly Fox News viewers die off and there's no one to replace them? (CNN, MSNBC, and network news viewers aren't much younger)
 
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