Fox Corp. Chief Lachlan Murdoch On Donald Trump Possibly Starting Fox News Rival:

Read more on this subject: MEDIA (MainStreamMedia – aka MSM)
News Story Source:, By Dade Hayes
Lachlan Murdoch, CEO of Fox Corp., said Fox News would welcome the arrival of a rival news and opinion brand led by Donald Trump if he is no longer president.

"We love competition," Murdoch said in response to a direct question from an analyst about Trump's future during the company's quarterly earnings call. "We have always thrived with competition. … The only difference today versus some years ago is as our audience has grown and our reach has grown, we see our competition as no longer only cable news providers but also as the traditional broadcast networks."

From Labor Day to Election Day, Murdoch noted, Fox News was the top network in broadcast or cable in terms of total audience. Prior to the call, Fox Corp. reported so-so results for its fiscal first quarter, exceeding analysts' estimates but revealing a major toll from COVID-19.

Trump, who faces a stiff challenge from Democrat Joe Biden in his bid for a second term as pre
Read More or Make a Comment

Bookmark the permalink.

Comments are closed.