Rupert Murdoch’s Latest Bid For Media Domination Hits A Road Block

Rupert Murdoch listens to United States President Barack Obama make remarks at the Wall Street Journal CEO Council annual meeting, at the Four Seasons Hotel, on November 19, 2013, in Washington, DC. Obama discussed i... Rupert Murdoch listens to United States President Barack Obama make remarks at the Wall Street Journal CEO Council annual meeting, at the Four Seasons Hotel, on November 19, 2013, in Washington, DC. Obama discussed immigration reform and the health care rollout, among other topics. Credit: Drew Angerer / Pool via CNP Photo by: Drew Angerer/picture-alliance/dpa/AP Images MORE LESS
Start your day with TPM.
Sign up for the Morning Memo newsletter

Rupert Murdoch’s latest effort to upend the media landscape hit a snag recently, after his audacious $80 billion bid to take over Time Warner Inc. was turned down.

Sources told the New York Times on Wednesday that Murdoch’s 21st Century Fox made inquiries last month about a bid that would have cast huge ripples throughout the industry.

In a statement on Wednesday, 21st Century Fox confirmed the bid to take over Time Warner.

The company born out of such a merger would have control over the likes of Fox News and TNT. Sources told the Times that antitrust concerns would force a sale of CNN, which could prompt a heated bidding war.

CNN’s own Brian Stelter addressed that very scenario earlier this month, correctly predicting that Murdoch would be forced to divest the cable news channel if such a bid were to go through.

Latest Livewire

Notable Replies

  1. So, does complete evil confer near immortality on everyone, or just white conservatives?

  2. He can probably salve his disappointment by marrying another 30something year old.

  3. Yesterday, I suggested I was going to go to Dick Cheney’s gravesite someday and drive a wooden stake into the ground in the general vicinity of what would be his heart.

    Murdoch is now #2 on my list for the same treatment…

  4. Avatar for Barbl Barbl says:

    Murdoch is the biggest threat to America. Let’s not forget it was Darth Vader(Cheney) who fast tracked Murdoch’s citizenship.

  5. I often wonder whether Cheney’s family will pay people to guard his grave 24/7 against the huge number of people who have put dancing/spitting/peeing/othering on it onto their own bucket lists, or whether they’ll do the right Free Market thing and sell tickets.

    And if they do pay people to guard it, quis custodiet ipsos custodes?

Continue the discussion at forums.talkingpointsmemo.com

14 more replies

Participants

Avatar for system1 Avatar for josephebacon Avatar for srfromgr Avatar for ncsteve Avatar for jep07 Avatar for imkmu3 Avatar for leftflank Avatar for cwazycajun Avatar for captaincommonsense Avatar for suicide_arsonist Avatar for Barbl Avatar for antisachetdethe

Continue Discussion
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Deputy Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: