Fox News to announce split into two companies

Discussion in 'Media' started by rdean, Jun 26, 2012.

  1. rdean
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    rdean rddean

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    News Corp. Decision on Splitting Up Expected by Thursday - WSJ.com

    The idea of the breakup is front and center almost exactly a year after a scandal blew up with the revelation that one of News Corp.'s U.K. tabloids had hacked the voice mail of a missing 13-year-old girl who turned out to be murdered. The scandal forced the closure of the News of the World newspaper, resignations of several senior executives and abandonment of News Corp.'s bid for the 61% of British Sky Broadcasting Group PLC it doesn't already own.

    News Corp. has publicly apologized for wrongdoing at its U.K. tabloid and has said it is assisting police, who are conducting various criminal probes into reporting practices. Rupert and James Murdoch have conceded they didn't move fast enough to deal with the scandal and apologized, but have denied being aware of illicit activities.

    "These issues will linger," Claudio Aspesi, an analyst at Sanford C. Bernstein & Co. said Tuesday. "Political obstacles related to the Murdochs' role in the U.K. won't go away."

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    How ironic is it that the FOX News where Sean Hannity has been howling about Imam Feisal Abdul Rauf wanting “Sharia law” to replace our existing laws is the very same FOX News whose parent company, the Rupert Murdoch controlled News Corporation, has as its second largest shareholder Saudi Prince Alwaleed bin Talal?

    Prince Alwaleed’s uncle, King Abdullah, actually rules Saudi Arabia under Sharia law. Prince Alwaleed, who is reported to enjoy a close personal relationship with Murdoch, has become so enamored of Murdoch’s media success that he is starting his own 24 hour news station, a venture dubbed the “Arabic FOX News”

    Sharia Prince Owns Stake In FOX News Parent | Resurgence | Big Think

    ------------------------------

    Murdoch apologized. He said he didn't know anything about it and wasn't involved, but apologized anyway. Fox News will stay with the "Entertainment Division". They hope to become the Network that defends Mitt Romney.

    Will second largest shareholder Saudi Prince Alwaleed bin Talal end up with more shares?
     
  2. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Wow! You think maybe now maybe MSNBC can catch them in the ratings department?

    Naw, neither do I! :D
     
  3. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Fox has move viewers in Nome Alaska than all of CNN and MSNBC combined (I think I'm exaggerating....but maybe not)
     
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  4. AquaAthena
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    AquaAthena INTJ/ INFJ

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    Naw and neither will CNN: :eusa_whistle:

    SNIP:

    Coming off its least-watched month in primetime in 20 years in May, CNN has taken another big ratings blow: The cable news network has registered to its lowest-rated quarter in primetime since 1991.

    SNIP:

    The top-rated cable news shows for the second quarter were all FNC shows, with The O’Reilly Factor and Hannity sitting at No. 1 and No. 2. :clap2:


    Details : CNN Sinks To 21-Year Primetime Ratings Low In Second Quarter - Deadline.com
     
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  5. Quantum Windbag
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    Quantum Windbag Gold Member

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    Damn, are you this stupid on purpose?
     
  6. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Even diehard Libs gave up on CNN, they're watching Hannity and O'Reilly so they can amaze us with their thoughtful insights like the OP
     
  7. theHawk
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    theHawk Registered Conservative

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    So what does FoxNews have to do with murdering 13-year old girls? Oh yea...nothing....
     
  8. Si modo
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    Si modo Diamond Member

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    It always cracks me up to see irrational fear. Derp.
     
  9. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    I think MSNBC will be doing worse. Now they have two superior companies to compete with lol
     
  10. edthecynic
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    edthecynic Censored for Cynicism

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    All propaganda has to be popular and has to accommodate itself to the comprehension of the least intelligent of those whom it seeks to reach.

    Adolf Hitler
     
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