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Tectonic plates are moving underneath Fox News: It has a new Parent that began trading yesterday
American Thinker ^ | 03/20/2019 | Thomas Lifson

Posted on 03/20/2019 6:40:24 AM PDT by SeekAndFind

Under capitalism, ownership brings control, and Fox News has a new corporate parent that began trading yesterday on NASDAQ.  There are reasons for conservatives to be deeply concerned. Sarah Ellison and Paul Farhi write at the Washington Post:

Fox’s parent company is undergoing a generational change — one that produced another, perhaps more subtle sign of independence from the president.

On Tuesday, Fox Corp. began public trading as the new parent of Fox News, Fox Entertainment and Fox Sports; the company is the result of 21st Century Fox’s sale of its film and television assets to Disney Corp. The new company is headed by Lachlan Murdoch, the eldest son of Rupert Murdoch, who co-founded Fox News with Roger Ailes and remains a controlling shareholder in Fox.

Among Fox Corp.’s first acts in business: appointing former House speaker Paul D. Ryan to its board of directors. Ryan is, of course, an establishment conservative disliked by both Democrats and those who most strongly supported Trump. Although he advanced some of Trump’s agenda, particularly tax reform, as speaker, Ryan declined to defend Trump or campaign with him in the latter stages of the 2016 campaign.

Ryan is also increasingly blamed for not passing funding for border wall construction while Republicans controlled both houses of Congress.

The acquisition of the film and television entertainment assets to Disney closed at midnight last night, so the restructuring of Murdoch assets now is complete, with Fox Corporation’s market cap more directly linked to the perceived television fortune of Fox News, along with Fox Sports and Fox Broadcasting.


(Excerpt) Read more at americanthinker.com ...


TOPICS: Culture/Society; News/Current Events
KEYWORDS: fnc; foxcorp; foxnews; foxnewschannel; lachlan; lachlanmurdoch; murdoch; oann; oneamericanews
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To: Tammy8

I get all the news I need on the internet. I can find and read, in a few minutes, what they take twenty to report.


21 posted on 03/20/2019 7:09:05 AM PDT by cuban leaf
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To: ClearCase_guy

Ryan is, of course, an establishment conservative


Ryan is a deepstate criminal that conspired with a group that included Pence to try and thwart PDJT in becoming elected. Thus he was “resigned” from the house. Faux is rewarding him for his efforts. Faux resides in enemy territory. Dump Faux.


22 posted on 03/20/2019 7:09:52 AM PDT by VTenigma (The Democrat party is the party of the mathematically challenged)
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To: Red Badger; SeekAndFind

Lyin RINO Ryan, cheater Donna Brazille, suspending Judge Jeanine for asking a legitimate question....leftist Gerard Baker claiming ‘No Question’ White Supremacists See Trump ‘on Their Side’....the list of the New Fox Channel goes on and on :(


23 posted on 03/20/2019 7:10:42 AM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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To: SeekAndFind
Ryan really does suck, but:

"Sarah Ellison and Paul Farhi write at the Washington Post:"

The Washington ComPost sucks much more.

24 posted on 03/20/2019 7:10:49 AM PDT by Texas Fossil ((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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To: VTenigma

....Ryan is a deepstate criminal that conspired with a group that included Pence to try and thwart PDJT in becoming elected. ....


Do you happen to have a link proving Pence was a part of said ‘attempted to thwart PDJT’ group?


25 posted on 03/20/2019 7:12:24 AM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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To: SeekAndFind

Heh, the owners of Disgayland will complete the demise of Fox.
Time for a replacement.


26 posted on 03/20/2019 7:16:59 AM PDT by Da Coyote
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To: akalinin

OANN should take advantage of this move without delay.


27 posted on 03/20/2019 7:18:52 AM PDT by mosaicwolf
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To: SeekAndFind
Disney bought FOX because it is the Number-1 cable news network.

Then they start out by changing the things that make it Number-1


28 posted on 03/20/2019 7:20:51 AM PDT by Vlad The Inhaler (Give me Norfolk Virginia TideWater4-1009 The porr Boy Is On The Line)
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To: cuban leaf

We were in a motel last weekend, watched FOX and haven’t for a long time at home. It hit me immediately that they weren’t actually doing the news, just headlines and discussing the headlines. I channel surfed a bit and I don’t see how anyone can get informed from watching news. I knew the story on the issues discussed but if I was depending on them for actual information I would be seriously uniformed. They leave out about 90% of the information on any given issue.


29 posted on 03/20/2019 7:21:26 AM PDT by Tammy8
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To: Blue Jays
"...Fox News Channel hires RINO Paul Ryan and Cheater Donna Brazile..."


30 posted on 03/20/2019 7:24:49 AM PDT by Vlad The Inhaler (Give me Norfolk Virginia TideWater4-1009 The porr Boy Is On The Line)
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To: Tammy8

I’ve noticed that ever since I joined Freerepublic in 1998 (I dumped TV in 1997).

I will walk into my workplace where they have CNN on and they are covering stories I’v already read on FR and they are woefully inadequate in their reporting. And you nailed it. News stories on television are usually visual stories, so they can show cool video to an audience that is hungry for something to look at. The actual text might as well be nothing more than a caption under the picture.

Like you say, it isn’t news.


31 posted on 03/20/2019 7:31:56 AM PDT by cuban leaf
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To: RoseofTexas

AMERIKA The best Communist government money can buy!


32 posted on 03/20/2019 7:33:06 AM PDT by DrDavid (George Orwell was an optimist.)
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To: Blue Jays

President Trump needs to give more publicity to One America News. Screw FNC.


33 posted on 03/20/2019 7:35:09 AM PDT by McGruff
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To: All

Fox hasbeen been moving left for a long time.


34 posted on 03/20/2019 7:35:59 AM PDT by Retvet (Retvet)
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To: Tammy8

I have a couple of friends that get all their news from watching it on tv. One is conservative the other liberal but they are both so misinformed about anything and everything. But they’ll tell you....I keep up on the news, I know what’s going on. I just shake my head. I watch 0 news on tv.


35 posted on 03/20/2019 7:43:21 AM PDT by sheana
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To: SeekAndFind

Fox isn’t watchable any more. Their few remaining decent hosts need to start looking for employment elsewhere.


36 posted on 03/20/2019 7:43:25 AM PDT by Two Kids' Dad (((( Wake me when a prominent democrat gets prosecuted. ))))
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To: Two Kids' Dad

Fox business is much better-


37 posted on 03/20/2019 8:06:31 AM PDT by Victor (If an expert says it can't be done, get another expert." -David Ben-Gurion, the first Prime Minister)
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To: Jane Long

If I had known this question would be asked, i would have kept the link in my browser. Yes, there is evidence. Ryan and Pence were going to run for President. The document exists on scribed.


38 posted on 03/20/2019 8:10:41 AM PDT by PrairieLady2
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To: Jane Long

I found the link:

https://www.scribd.com/document/327434951/Pence-Ryan-Coup-Email


39 posted on 03/20/2019 8:13:38 AM PDT by PrairieLady2
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To: Red Badger

Saw Donna Brazile nut on Hannity last night.
If this is the future of Fox count me out. I am already down to 2 shows so giving it up will be pretty easy.
Brutal.


40 posted on 03/20/2019 8:16:20 AM PDT by Doobd9 (Social Media is the Devil)
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