Quote:
Originally Posted by denphone
One suspects old Rupert will probably come back with a bigger offer despite being rebuffed this time..
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Possibly, but I think it really is a case that TW just don't want to merge with Murdoch. And don't forget one of the rival media moguls, Ted Turner, who merged his Turner empire into TW, is probably not keen on it either.
Quote:
Originally Posted by RichardCoulter
It's just been discussed on Radio 4 too. It was said that Murdoch is likely to try again and is likely to be prepared to sell off CNN to satisfy the regulatory authorities.
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He hates CNN, so he might even shut it down if he got his hands on it.
Other companies were talking to TW including Comcast and Google, so we may yet still see a deal done. There will almost certainly be more consolidation to come in the media/telecoms/cable cos business in the States.