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Why is that a bad thing? It means the murdochs are now rich in cash from the acquisition, and free to concentrate on their news division, which was always his
by ep103 7y ago
Why is that a bad thing? It means the murdochs are now rich in cash from the acquisition, and free to concentrate on their news division, which was always his primary concern.
- three_seagrass 7y agoMurdochs did not want to sell. There was a semi-hostile takeover, involving a Saudi prince, that allowed investors to sell off the profitable franchises to Disney. It's a fairly interesting story if you find the time to read it.