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December 14, 2017

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Tech: Rupert Murdoch laid out his vision of TV’s future after the Disney-Fox deal, and it raises a lot of questions

Rupert Murdoch doesn’t see much of a future for anything on linear TV that’s not news or sports.
Rupert Murdoch walked through the thinking behind the Disney-Fox deal.
Murdoch thinks that entertainment TV programming supported by advertising will be a tough business moving forward.
His point of view raises questions about the future of ventures like Hulu, and also his own broadcast network Fox (which wasn’t sold to Disney).
Rupert Murdoch doesn’t see much of a future for anything on linear TV that’s not news or sports — and even for sports he sees an impending challenge from Facebook.
On Thursday, the media mogul went into detail about the thinking behind his blockbuster sale of 21st Century Fox’s entertainment and TV assets to Disney for $54.2 billion. And he didn’t paint a rosy future for a lot of traditional TV.
“People watch television differently, not ‘news’ or ‘business,’ but ‘entertainment’ they watch very differently,” Murdoch said in an interview on Fox Business.

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December 14, 2017

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