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The Story of Money

The hunt for Fox

The Story of Money

Manuela Saragosa

Business, Crypto, Markets, Finance, Banking, Investing, History, News

4.4400 Ratings

🗓️ 5 June 2018

⏱️ 22 minutes

🧾️ Download transcript

Summary

Rupert Murdoch built a global media empire across newspaper, television and film companies. Why is now the time for him to sell many of the 21st Century Fox assets? And which media or telecoms giant will scoop them up? With the FT's Matt Garrahan and Arash Massoudi. Read more on FT.com.


Review clips: CNN, CNBC, BBC, Fox News, Fox Business Network, Al Jazeera English, PBS News and CBS News.


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

Transcript

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0:00.0

Am I missing anything? Is this the right decision?

0:02.0

Is this a connection?

0:03.0

Are I too late?

0:05.0

Find clarity in your investment decision-making.

0:08.0

Manage your portfolio for sustainable growth and regulatory alignment

0:12.0

with the ultimate blend of powerful AI and

0:14.6

industry expertise.

0:16.5

Reduce risk, meet your sustainability goals and push the boundaries of possibilities based on

0:21.1

facts, not opinions.

0:23.0

Clarity AI scaling human decisions through tech.

0:26.6

Visit clarity.

0:28.0

Aye and take action today. We did things that people said couldn't be done, like have another popular newspaper.

0:40.0

Hello and welcome to Behind the Money, I'm Amy Keene.

0:44.0

This week on the show we're looking at the hunt for Rupert Murdoch's 21st century Fox

0:49.0

and why the media barons has now is the time to sell the bulk of his empire.

0:55.0

Rupert Murdoch defied the media establishment in building his empire,

1:00.0

scooping up newspapers and television networks around the globe.

1:03.0

He went from owning a couple of Australian newspapers to being the most powerful sort of media

1:07.6

barren of the late 20th century.

1:10.3

And now two of the biggest American media companies are jostling to acquire the majority of Fox's assets and form the media company of the future.

1:18.0

If the analysts are to believe on this, only maybe one of the traditional media companies and cable companies out there will really

1:24.4

outlast the tech giants.

...

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