21st Century Fox Archives

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Shrek gazumps Mickey & Murdoch

Perhaps the cunning plan was to absorb Sky while still carrying a hefty risk premium ahead of the all important Premier League (PL) football rights negotiations and then reap the benefit when these were renewed for what turned out to be -14%/-£199m pa reduction. Unfortunately, with 21st Century Fox’s (21CF) bid stranded with the UK […]

Sky bid – keeping the narrative bogged down with the media plurality red herring

Reading this morning’s press reports on Murdoch’s £10.75 per share agreed offer to buy out the outstanding 61% of Sky he doesn’t already own, one thing becomes clear. With the bid coming from 21st Century Fox this time rather than News Corp, the consensus narrative is that this is expected to reduce the regulatory risks […]

The old fox learns a new trick – Murdoch walks away from Time Warner

Having seen the outrageous premium Murdoch paid for the WSJ, markets must have been salivating over how much he might now stump up for Time Warner. Surely, the $86ps ($80bn) offer was a mere opening shot and that the old boy could be bounced into perhaps three figures, or so the narrative went. Not to […]