Rupert Murdoch's media empire, 21st Century Fox made a bid to buy Time Warner, Inc., another one of the best-known media brands. Time Warner rebuffed the $80 billion offer, but there's no indication the deal is completely dead — Murdoch is not known for giving up easily. Time Warner CEO Jeffrey Bewkes took over the company in 2008 and had strategically shed assets like a cable and internet business and magazine properties, possibly prepping the company for a sale. But even in an environment where the herd of movie studios is being thinned, the idea of Fox swallowing Time Warner took many by surprise.
FROM THIS EPISODE
LATEST BLOG POSTS
Vote! What question should we answer next? Vote now to help Curious Coast choose what to investigate next. Is there something you’re curious about? Let us know! What do you want to know more about in or… Read More
Inside the charming animal metropolis of Kozyndan You want to be friends with artists Kozyndan. Their work is relatable, subversive, funny and quintessentially LA. Kozy and Dan Kitchens are a married Highland Park-based couple. They create worlds… Read More