At 91, Rupert Murdoch still actively reigns over his empire.
The media mogul is even considering his restructuring which would result in re-merging Fox Corp with News Corp.
The two companies split in 2013. At the time, Rupert Murdoch wanted to "simplify" their profile and also meet the wishes of Wall Street.
Its shareholders gave a better valuation to Fox, which included the 21st Century Fox film studios, the television network and the group's cable channels (such as FX, Fox News, Nat Geo) than to News Corp which brought together what is called "le print", a lower-growth conglomerate centered on print businesses (such as Dow Jones, The
Wall Street Journal
,
The Times
) plus the publishing house HarperCollins.
Today Wall Street no longer grants a valuation premium to Fox on News Corp.
The sale for 71 billion dollars of 21st Century Fox to Disney announced in 2017 has also greatly simplified the management of the audiovisual division…
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