For the Murdochs (and Megyn Kelly), Sky is the Limit
The Murdochs supported the rising star amid heavy criticism from president-elect Donald Trump during his campaign. Their next goal is to launch an international news network, buoyed by a potential acquisition of Sky News.
Last month, Rupert Murdoch’s 21st Century Fox announced it would buy the 61 percent of British satellite television company Sky that it does not already own for almost $15 billion. This consolidation of one of the biggest media companies in Europe is part of the megamerger trend sweeping the industry (AT&T recently agreed to buy Time Warner), but it is also a particularly personal spin on empire building.
In the spring of 2008, in his office with the stand-up desk at company headquarters in Wapping district of East London, James Murdoch, Rupert Murdoch’s second son, and now the CEO of 21st Century Fox, listed for me, not without some humor, his three hopes for the company his family controlled:
