The 86-year-old media moguls play is based on the fact that sports and news still attract viewers watching in real time - and the advertisers that want to reach them - even as more people watch their favorite shows on demand after they air or online, skipping commercials completely.Are we retreating Absolutely not, Murdoch told investors on Thursday. We are pivoting at a pivotal moment.Disneys 52.4 billion purchase of TwentyFirst Century Foxs (FOXA.O) film, television and international businesses, announced earlier on Thursday, leaves Fox with a smaller but more focused set of assets, based ...
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