21st Century Fox’s Lachlan Murdoch mulls buying back regional sports networks from Disney

Lachlan Murdoch21st Century Fox

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  • Twenty-First Century Fox Executive Chairman Lachlan Murdoch said it is still an “open question” whether the company will buy back the regional sports networks it sold to Walt Disney for $ 71 billion.
  • Murdoch, who will become CEO of the remaining company “New Fox,” said the company “will be inquisitive” in looking at the possibility of buying back the sports assets.
  • Disney won a bidding war earlier this year against Comcast to acquire Fox’s film and TV assets.

Twenty-First Century Fox Executive Chairman Lachlan Murdoch said Thursday it is still an “open question” whether the company will buy back the regional sports networks it sold to entertainment company Walt Disney Co in July as part of a $ 71 billion deal.

Speaking at the New York Times Co’s DealBook conference in New York, Murdoch, who will become CEO of the remaining company “New Fox,” said the company “will be inquisitive” in looking at the possibility of buying back the sports assets.

See the rest of the story at Business Insider

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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