About two years after Fox Corp. started a new chapter as a slimmed-down, TV-centric company, CEO Lachlan Murdoch observed, “It’s a good year not to own movie studios and theme parks.”In a rare appearance at a Wall Street conference, the executive weighed in on NFL negotiations, the outlook for Fox News, ad-supported streaming and other topics.
Covid-19 has also posed a number of challenges to Fox, even though it doesn’t have movie or parks assets, with advertising and sports taking a dive last spring before recovering.Talks with the NFL talks have “a ways to go,” Murdoch cautioned during an online session at Morgan Stanley’s annual Technology, Media & Telecom conference.
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