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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: VideoDoctor

How widely is it available?
I stream with DirectTV Now and they have it.


61 posted on 03/20/2019 12:38:39 PM PDT by nascarnation
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To: unlearner

I will try to get you the links but there is an email string recently uncovered linking Pence and Ryan (emails to them). The emails are from a consultant and web host setting up a parallel GOP website for Pence/Ryan for president. There’s a lot more but that’s the gist. Watch the GHW Bush funeral videos and check out Pence’s body language towards Trump disturbing to say the least.


62 posted on 03/20/2019 2:14:56 PM PDT by VTenigma (The Democrat party is the party of the mathematically challenged)
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To: nascarnation
How widely is it available?

That's what I was referring to. In order to get it you must find an outlet to connect to that carries it.

Example: Comcast, although NOT everyone's favorite, but has several million subscribers, does NOT carry OANN on their system.

That's what I was referring to in the use of the term "exposure."

OANN needs to cut deals to find additional outlets and ways to make their news system available to the American public.

63 posted on 03/20/2019 2:40:38 PM PDT by VideoDoctor
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To: SeekAndFind

Who “exactly” chose Ryan to be on the board?


64 posted on 03/20/2019 5:02:28 PM PDT by Democrats hate too much
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To: SeekAndFind

What’s the stock symbol?


65 posted on 03/20/2019 5:04:07 PM PDT by Osage Orange (Whiskey Tango Foxtrot)
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To: Vlad The Inhaler
HRC called her a Water Buffalo......

Of course that wasn't racist..

66 posted on 03/20/2019 5:10:04 PM PDT by Osage Orange (Whiskey Tango Foxtrot)
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To: Jmouse007

I think you replied to the wrong person.........


67 posted on 03/20/2019 5:11:29 PM PDT by Osage Orange (Whiskey Tango Foxtrot)
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