Comcast, the parent company of NBCUniversal, has announced that they have offered their own bid for Sky which is 16 percent higher than 21st Century Fox’s. 21st Century Fox already owns 39% of the European broadcaster, but has been trying to win the remaining 61% of Sky. Sky is in many […]
CNBC’s David Faber reported this morning that Rupert Murdoch plans on stepping down as CEO of 21st Century Fox. His sons, James and Lachlan, will take over his power and responsibilities. James Murdoch will serve as CEO of 21st Century Fox and Lachlan Murdoch will serve as co-executive chairman. Rupert Murdoch, […]
News broke today in the New York Times that Time Warner had refused an unsolicited offer from 21st Century Fox and that discussions over a purchase were not active. Reuters reported about two weeks ago that Rupert Murdoch, head of 21st Century Fox, was interested in acquiring a content company, […]
