Posted in TV | industry | music on June 30, 2012

Fox news

"Calling it the next logical step in an evolution over nearly six decades, Rupert Murdoch's News Corp. said Thursday that it will split into two publicly traded companies. As part of the split, one company will operate as a newspaper and book publisher, and the other will be an entertainment company that will include the 20th Century Fox movie studio, the Fox broadcast TV network and the Fox News cable channel." [Wall Street Journal]

"An investor group led by Sony closed its $2.2 billion acquisition of EMI Music Publishing on Friday, creating a giant force in music publishing, the unglamorous but lucrative side of the music business that deals with songwriting rights." [NY Times]

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Comments (33)

They only did it 'cause of fame
Who?

Posted by Anonymous | June 30, 2012 7:46 PM

I get hard every time I read about mergers and acquisitions. Thanks Business Vegan!

Posted by Anonymous | June 30, 2012 7:53 PM

Fame, Doin' it for the ,Fame
Cuz we gotta taste for champagne and endless
fortune

Posted by Anonymous | June 30, 2012 8:44 PM

Rearranging deck chairs on the Titanic

Posted by Anonymous | June 30, 2012 9:31 PM

^ LOL = Fox News beats CNN, MSNBC, CNBC, etc etc. every single night. I highly doubt a profitable company giving a needed service to the marketplace taking measures to ensure no further blowback from an *industry standard practice* that it got popped for this time around is rearranging deck chairs on the Titanic. That description I would attribute to Obama hailing "great job numbers" based on lies and jazzed up statistics.

Posted by Anonymous | June 30, 2012 10:48 PM

Obama will be gone soon enough. Thank god.

Posted by Anonymous | July 1, 2012 2:43 AM

2000--2008 were DOPE.

Posted by Anonymous | July 1, 2012 4:19 AM

^yeah it's all Bush's fault, even this. you keep repeating that mantra, we won't need your vote this year.

Posted by Anonymous | July 1, 2012 7:32 AM

^ now now, let's give Reagan some credit too.

Posted by Anonymous | July 1, 2012 7:35 AM

^yeah, Reagan that himself inherited the worst recession to that point since the Great Depression, and then oversaw the greatest expansion in the American economy since the post-war boom.
Fucking idiot.

Posted by Anonymous | July 1, 2012 8:18 AM

Obama inherited a nice set of golf clubs.

Posted by Anonymous | July 1, 2012 11:13 AM

I thought that when Tony was in Jerry's car he threw those clubs out one by one to deter Kramer from pursuing the chase?

Posted by Anonymous | July 1, 2012 11:24 AM

actually, reagan, that drooling fucking imbecile, set in motion the greatest contraction in economic growth seen in the western hemisphere in recent years. go on spouting bullshit tho.

Posted by Anonymous | July 1, 2012 11:52 AM

^ Love the self-assurance with which lefties make pronouncements about things which they don't even understand. Yet they actually project this behavior onto their opponents.

Posted by Anonymous | July 1, 2012 12:50 PM

^ liars always assume everyone else is lying. just like spoiled children assume the world revolves around themselves. don't be surprised brother - let's let them act surprised in November.

Posted by Anonymous | July 1, 2012 1:10 PM

11:52 [citation needed]

Posted by Anonymous | July 1, 2012 2:29 PM

lol @ blaming economics on singular presidents.

Posted by Anonymous | July 1, 2012 2:33 PM

1:10 doesn't even understand that characterizing opponents as liars is standard left-wing operating procedure. You'll have to make up your mind as to whether we're all stupid or we're liars, though. Continually maintaining both narratives leaves no doubt at all about how stupid you are.

Posted by Anonymous | July 1, 2012 3:41 PM

^ You Lie (Joe Wilson impression)!!!!

Posted by Anonymous | July 1, 2012 4:06 PM

Obama was lying.

Posted by Anonymous | July 1, 2012 4:46 PM

"reagan, that drooling fucking imbecile" Aw, that's sweet. Hey, here are some more ....

"obama, that evil fucking communist"
"ed kennedy, that drunk fucking murderer"
"gore, that sex-crazed fucking liar"

Hey that was fun! You're turn now. I know I saved about 20 good ones for the next couple rounds.

Posted by Anonymous | July 1, 2012 5:02 PM

4:46 has his cake. He ate it too.

Posted by Anonymous | July 1, 2012 5:11 PM

5:11 is a cake eater.

Posted by Anonymous | July 1, 2012 5:30 PM

5:30 is a ..... no, I won't go there

Posted by Anonymous | July 1, 2012 5:38 PM

"Taft, that bathtub-breaking fucking fatso"

Posted by Anonymous | July 1, 2012 7:22 PM

Anyone who understands economics will know that it was BILL CLINTON that got us into this economic situation we are in.
His bank merging and such is what led us yo where we are now.
This is fact beyond debate if you have a brain.

Posted by Anonymous | July 1, 2012 9:39 PM

^ even the liberal, mainstream media outlets such as 60 Minutes, Time, & Newsweek reported that. So, the facts have no bearing upon the said lack of brain - they are objective and incontrovertible.

Posted by Anonymous | July 1, 2012 10:10 PM

^
^.
^

It's a dysfunctional system, folks. doesn't matter who gets elected.

Posted by Anonymous | July 1, 2012 10:12 PM

LULZ @the slave class thinking anything they could do, say, or think matters.

LULZ @the slave class thinking they could ever understand what their masters have done, or are doing.

LULZ @field n/i/g/g/e/r/s pointing fingers at the house n/i/g/g/e/r/s.


Posted by Anonymous | July 1, 2012 10:49 PM

Every single one of you assholes has your eyes off the ball! Anyone with any sense knows that Xenu and his minions are to blame!!!

Posted by Anonymous | July 2, 2012 12:03 AM

Capitalism > Socialism

Posted by Anonymous | July 2, 2012 10:22 AM

10:48- 1) ratings don't equal quality or truth in any sense of the word. 2) ALL of the channels had steep drop-offs in viewership. Fox was just the lowest. Playing to the lowest common denominator will that.

Posted by Anonymous | July 2, 2012 11:08 AM

10:22- Within reason, unless you don't want federally funded highways, Earned Income Tax Credit, Medicare, Social Security, Police, Firefighters, Public Schools, Sanitation etc.

Posted by Anonymous | July 2, 2012 11:10 AM

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