Former House Speaker Paul Ryan joins board of Fox News' parent company

Discussion in 'Politics' started by shockedcanadian, Mar 19, 2019.

  1. shockedcanadian
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    shockedcanadian Platinum Member

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    I don't think there is a conservative alternative, that's the problem. Some say there is an America One network, I'm not sure we can even get it in Canada.

    First Disney purchasing, then Donna Brazille, now this guy who failed Trump and his wall?

    Former House Speaker Paul Ryan joins board of Fox News' parent company

    Former House Speaker Paul Ryan has been appointed to the board of the new Fox Corp., which began trading publicly Tuesday following the completion of Walt Disney's purchase of 21st Century Fox.

    Fox Corp. is now parent company to Fox News and Fox Business as well as broadcast TV stations, several sports channels and other holdings.

    Ryan will be joining the board along with Anne Dias, founder of the investment firm Aragon Global Holdings and the ex-wife of hedge fund billionaire Ken Griffin; Chase Carey, chairman and CEO of Formula One; and Roland Hernandez, CEO of Hernandez Media Ventures, the company announced Tuesday. Previously announced board members include Rupert Murdoch and his son Lachlan and Jacques Nasser, a former Ford executive.


    "We look forward to working with and being guided by them as we begin a new chapter, steadfastly committed to providing the best in news, sports and entertainment programming," said Lachlan Murdoch, chairman and CEO of Fox Corp.

    Class B shares of the new Fox Corp. were down more than 3 percent by late morning Tuesday. Disney announced in 2017 that it was purchasing many parts of 21st Century Fox for $52.4 billion in stock. Under the deal, a new holding company called New Disney became the parent company of Disney and 21st Century Fox.

    Ryan, 49, was House speaker before Democrats took control in January. The Wisconsin Republican announced early last year that he was retiring from Congress to spend more time with his family. After leaving his post, he rebuked Washington's "broken politics."
     
  2. Fort Fun Indiana
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    Fort Fun Indiana Gold Member

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    Thats an adorable bit of equivocation gift wrapped for public consumption.

    But the truth is that Paul Ryan plans to help FOX guide and mold the republican brand, going forward.

    Any other reasoning presented is a transparent lie.
     
    • Funny Funny x 1
  3. Claudette
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    Claudette Platinum Member

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    Well Ryan is a numbers guy and I'd bet he will be a good fit on that board.
     

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