Fox’s Lachlan Murdoch on family trust settlement: ‘It’s great news for investors’
"It gives us a clarity about our strategy going forward. It shows that our strategy will be consistent, it's clear, and it's very sustainable."
"It gives us a clarity about our strategy going forward. It shows that our strategy will be consistent, it's clear, and it's very sustainable."
Lachlan Murdoch will retain controlling ownership of the company after his father Rupert's death.
The deal was nixed last year because there was no clear path for Fox News and CNN to coexist.
The cozy relationships between Fox, Trump, and Infantino may have implications on 2030 FIFA World Cup broadcast rights.
"It didn't seem like it made a ton of sense with our assets to do anything but support the bundle."
DAZN has purchased the Australian cable television company Foxtel for $2.1 billion.
The future of Fox's sports division rides on who controls the Murdoch family trust.
"When Kraft did that, I think it was more in terms of [Fox] has the Super Bowl two of the next three years and we want somebody [experienced]."
Per The Hollywood Reporter, Murdoch told WWE executives that NBCU was "embarrassed by your product."
"The publishers are obviously enhancing the value and integrity of Facebook through their news and content but are not being adequately rewarded for those services."
Following Comcast's exit from the talks to buy Fox assets, Disney looks set to land them, with a deal likely coming later this week.