The Josh Gordon Group blog

FOX looks to sell assets anticipating competition from new media giants like Google, Amazon, and Facebook

Posted by Josh Gordon on Thu, Dec 7, 2017 @ 05:12 AM

Rupert Murdoch, (center with sons) who has proven himself as the best at knowing the value of a media asset, time and time again, is looking to sell of parts of his $60 Billion FOX empire because it is too small. Anticipating future competition from Netflix, Amazon,Comcast, Google, and Facebook looks daunting. Wall St Journal (owned by Murdoch) Reports:

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Topics: Rubert Murdock, FOX, Amazoon, Google, Facebook