Rupert Murdoch: The ‘New Fox’ is news and sports

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For media tycoon Rupert Murdoch, the future of the industry is news and sports, that’s why he is selling Disney (DIS) the entertainment assets of 21st Century Fox (FOXA) for $52.4 billion.

“There’s only must-see Fox News and must see FOX Business,” said Murdoch, Executive Chairman of 21st Century Fox during an interview on FOX Business’ “Mornings with Maria.”

Please click on the link below from Fox Business Channel.

http://www.foxbusiness.com/markets/2017/12/14/rupert-murdoch-new-fox-is-news-and-sports.html

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