'Murdochs as we know them are now almost a thing of the past': Michael Wolff

CNBC| Thu Nov 16 16:00:14 EST 2017
With the latest news that Comcast has expressed an interest in acquiring some of 21st Century Fox's assets, it's now very clear that "Fox has put itself up for auction," Murdoch biographer Michael Wolff told CNBC on Thursday. "The Murdochs as we know them are now almost a thing of the past," said Wolff (3:32 of video), who wrote "The Man Who Owns the News: Inside the Secret World of Rupert Murdoch." "This is a transformational moment. The Murdochs are retreating from the media business." Wolff called Rupert Murdoch "the man that made the modern media business" and said for the last 30 years media companies have been trailing Murdoch. "It's hard to find the logic here," he said in an intervie..

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