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business22h ago
Lachlan Murdoch Says Ellison-Backed CNN Will Be “Strong Competitor” Of Fox News, But “Running News Is Hard”
- Murdoch says CNN will be a strong competitor under Ellison's leadership at Paramount.
- Fox News has a long tenure and deep staff commitment, aiding its resilience amid competition.
- Murdoch expects conditions on any large deal to require continued content licensing to third parties.
- NFL rights discussions could raise costs, with potential pass-through to distributors and consumers.
- Murdoch notes four more years on the current NFL contract before any opt-out.
- The deal tie-up between Paramount and Warner Bros. Discovery fuels broader industry changes.
- Murdoch expects content sales to third parties to continue despite the merger.
- Fox's NFL deal discussions are ongoing with possible price implications for viewers.
- Murdoch frames competition as a long-standing, healthy factor in the media business.
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