meta_pixel
Tapesearch Logo
Log in
Money Talks from The Economist

Money talks: Feeding frenzy for 21st Century Fox

Money Talks from The Economist

The Economist

News, Business, Economy, Finance & Economics, Business News

4.41.2K Ratings

🗓️ 21 November 2017

⏱️ 18 minutes

🧾️ Download transcript

Summary

As Disney and others eye up the sale of 21st Century Fox’s entertainment assets — our media editor Gady Epstein asks why Rupert Murdoch is breaking up his empire.  Are Millennials forcing a step change in socially-responsible investing? And a fishy story of herrings in Holland. Simon Long hosts.

Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

We don't just do Christmas at Curries. We do it properly by giving you just that little bit more.

0:07.0

How about a blue blush dice and air wrap multi-styler?

0:10.0

Whatever type of hair they have. It dries, curls, shapes, smooths and hides flyaways.

0:15.7

They'll look a million dollars for just 479. And as an added extra, it's free next day delivery.

0:22.4

Going beyond expectations this Christmas.

0:25.0

At Curry's.

0:27.0

Free next day delivery available in most areas subject to availability. Hello I'm Simon Long, the finance editor of the Economist and this is Money Talks.

0:42.0

Coming up this week, how millennials are giving a boost to ethical investing.

0:46.4

We want to invest not just for financial return, but we also want to know at the very least what sort of harm our investments might be doing

0:54.8

but even better perhaps if we can do some good with it and a very fishy story

0:59.8

from Holland. The accusation is that one of these judges is biasing his scores in favor of

1:07.1

herringstands and get their fish from a supplier who he also works for. But first, there are signs that the normally predatory Rupert Murdoch on his media empire might be in retreat.

1:25.0

Mr Murdoch's reportedly put a for sale sign on 21st century fox's cable channels such as National Geographic, as well as on its film and TV studios.

1:35.0

Disney, Comcast, Horizon and Sony are eyeing up these bits and Mr Murdoch's stake in the

1:41.7

European subscription TV channel, Sky, might also be up for grabs.

1:46.0

Gardi Epstein, our media editor, joins us from New York.

1:50.0

Hello, Gaddy.

1:51.0

Hello, Simon.

1:52.0

So firstly, what do you think his motivation, why has we put Murdoch put these assets up for sale?

1:58.0

I think it's a clear sign that they have looked at the landscape with Netflix, Amazon, Disney's

2:06.2

dominance at the box office and in franchises and have made the calculation that it will be very difficult to compete and become a

2:16.7

global scale player that can actually go toe to toe with these giants. And I think that's, it a probably a smart play by the Murdoch's but it's also I think an admission of failure that I think they wanted to be one of those global players and I've been trying for a few years to build scale and now they've come to the conclusion that they're not going to be one of the winners in the future entertainment landscape.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Economist, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Economist and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.