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posted by Fnord666 on Wednesday May 03 2017, @03:12AM   Printer-friendly
from the fit-and-proper-yet? dept.

Various news outlets are reporting that Bill Shine has been replaced as co-president of Fox News Channel. Suzanne Scott has replaced him. In possibly related news, there are reports that 21st Century Fox, which owns Fox News Channel, is in talks with the Blackstone Group (a private equity investment firm) to purchase Tribune Media, a U.S. broadcasting chain.

In the UK, 21st Century Fox has requested permission from the government's Office of Communications to increase its ownership in Sky News; in April the network dismissed commentator Bill O'Reilly after paying out settlements in multiple sexual harassment lawsuits regarding Mr. O'Reilly.

coverage (Shine):

coverage (Tribune Media):

related story:
Fox News Chief Resigns


Original Submission

 
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  • (Score: 0) by Anonymous Coward on Wednesday May 03 2017, @10:48PM

    by Anonymous Coward on Wednesday May 03 2017, @10:48PM (#504017)

    There is another possibility. They are hemorrhaging money. All of the news orgs are. Why would fox be different?

    Frankly the 'news' is terrible. It does not tell you anything other than what to be outraged at today. Which may be 100% contradicted tomorrow. People are cluing into that. CNN did it a couple of years ago and offloaded all the big names.

    My bet is they are bundling to bury the numbers. They all do when the shit hits the fan. If they spun it out they would have to show the numbers and no one would buy it.