I noticed that Fox news was not included in the deal, I wonder if that is because Disney didn't want to be spending money on the pile of crap that passes as a news channel.
Since news channels are costly to run and don't usually make money for TV networks how long it will it survive without the financial backing of the rest of the Fox media empire to prop it up remains to be seen.
I wonder if Murdoch knows something we don't why he is keen to get rid of his assets, with all the recent allegations of sexual misconduct going around the media industry, perhaps he thinks he could be in the firing line next and wants to sell before shares of Fox plummeted on some allegations against him.
Biting the hand that feeds IT
