Media deals are having a moment and now a leading player, Fox, is looking to jump in as CEO Lachlan Murdoch told investors at a conference today that the company will train its solid balance sheet on M&A.
That’s an unusual statement. CEOs are always asked this but tend to say – true or not — that they like the hand they have and would rather invest in growing existing businesses.
It was towards the end of the session and there were no follow-up questions or potential targets named at the Goldman Sachs media conference after an analyst asked the chief executive how he sees the company evolving in the next three to four years.
The rather painful progress of the Discovery-Warner Media merger and Paramount’s recent deal to combine with Skydance have been very much in the news.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.