Bye-bye FoxTV. Hello Trump TV. If enough people left they would own an empty shell. The balls in our court if you haven’t left yet what are you waiting for.
Paul Ryan and Donna Brazile did it for me.Fox News is now dead to me. From now on it’s One American News Network,(OANN).
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.