No, there is no change in ownership of News Corp. The Murdoch’s control the company. The man is fully supportive of the company and the Murdoch family. He plainly says he is in it for the very long term and the money.
Take corporate finance 312 and learn about corporations and common stock and investing for a profit.
To learn what you are terribly misinformed about, go hunt up the interview and learn the error of your ways.
Let’s summarize:
I asserted in essence that FOX had experienced “new” ownership and you responded with unnecessary sarcasm that there was no new ownership.
Arguably, you are correct – a superficial check reveals the most recent change of holders of voting stock appears to have occurred with the parent company of FOX, News Corp, sometime in 2005.
What is significant, however, and more germane to my original post, is that the guy who effected the change presently controls a significant second largest block of voting shares of News Corp.
This holder is currently described as the richest man in Saudi Arabia. This is the guy who tried to give Guiliani a big check following 9-11. This same guy has reportedly stated he can control the news on FOX.
That in itself is enough information to cause viewers to evaluate the interview with a critical mind.
Since you deign to give me advice on improving myself, let me offer some to you.
And, I do so as a reasonably successful investor who has served on more than one board of directors and who also has ME experience:
Stick with Wooly Worms, you have too much hostility to engage in polite public discourse.
You can have the last word.
The Murdoch family. Well - Murdoch supported Blair and the Labour Party through the Sun and Times of London.
15 years late or so - the UK is Islamified - borders were wide open and they are daily talking about sharia.
Murdoch’s first wife died and he remarried a younger attractive Chi Com woman. Big help for Murdoch on getting and staying in sat TV in China.
The children including one who was supposedly pretty Christian (son) - well the new wifey pretty much pushed the kids out.
They Saudi partner? 7% can provide a lot of control - just ask Carl Ichan. We also have no idea if the Saudis are part of this deal provided lines of credit in the tens of billions or help in the UK market.
Do not trust Murdoch.