Posted on 03/20/2019 3:33:44 AM PDT by Boomer
Fox News, Broadcast and Sports were spun off as a separate corporation (FOX) and started trading on NASDAQ this week. Down about 3% on first day.
(Disney bought all of 21 Century Fox’s libraries / production for $71 billion to expand their on line movie/ series products, among other synergies. The broadcast business not part of the deal, hence this new FOX entity.)
New tickers: FOXA (A class shares) and FOX (B class).
But, agree - as a new entity solely relying on TV assets, may take a less conservative approach; while on paper Murdoch is still calling the shots, people like Paul Ryan - that arch-conservative (/sarc) was just added to the new Board. Enough said.
Folks, if you think the board of directors is bad, check out Fox Corp’s executive management...
And let the cord cutting, for those who haven’t yet, commence!
It couldnt be any plainer. They are shouting change big change. Bye-bye I left four years ago when I cut off my cable TV.
Disney is going to scotch Disney + as a separate service. It now owns 60% of Hulu.
It can now leverage Disney content through Hulu. Why reinvent the wheel?
NewsMax and OneAmericaNews are good if you can get them.
You read what you wanted to believe that supported the Free republic dogma.
There you go... Sooner or later, the truth will come out... :)
What’s next? Every other company combined into a single entity for $100 Trillion?
Their next merger will be with the DNC,”to better serve our foal of being fair and honest.”
If fox cared about keeping their brand conservative would they hired those two individuals? They wouldve been the last two people I wouldve hired.
Ever since Rupert gave up leadership to his far left sons, and the passing of Roger Ailes, Faux Snooze has gone decidedly leftward! They are now aspiring to be just like CNNPMSNBC and viewership will, IMHO, drop! I know I watch less and less and less of Faux Snooze. I can’t be alone!
BTT
Lachlan Murdoch - One of Rupert’s sons, is now on the board of Fox, and he started running DowJones/Wall Street Journal, some years ago, after Newscorp (dad’s company) bought it, and has been dragging Wall Street Journal leftward ever since. HE will be the Leftward wind blowing Fox News in the direction HE wants it to go.
“explain the huge left turn Fox has taken recently”
Fox took a huge left turn when Rupert Murdoch turned it over to his left leaning sons. Pretty soon only a few conservative news orgs left on air will be ones like OANN.
The only thing Disney bought was the extensive film catalog and TV rights......................
He’s Daffy...................
FOX has went full blown fag. Shep is SO happy!
Did suspending Pirro without cause and hiring two far left corrupt DNC operatives fall into the FR dogma too?
Yes....they are definitely in full-bore leftist mode, since the merger deal....
Add this to the list of The New Leftist Fox happenings...
Fox News Gerard Baker: No Question White Supremacists See Trump on Their Side
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The leftist lunatics are now in full control of the place, it appears.
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