It was an overwhelming existential challenge to legacy media companies like 21st Century Fox. The company that would be purchasing Sky, 21st Century Fox, had thus been separated from the family’s newspapers. James Murdoch (left) with the Disney chairman Robert A. Iger in 2012. He argued that 21st Century Fox was big enough to compete as it as was. Now, 21st Century Fox would be merged into a company that famously and assiduously avoided politics.

Source: New York Times April 03, 2019 09:11 UTC