Murdoch Sees Opportunities in Downturn

Nov 26, 2008  •  Post A Comment

In an interview with the Australian, Rupert Murdoch says that News Corp. expects to be able to buy assets as other companies look to reduce their debt. “There are going to be great opportunities, I believe, in media,” Murdoch says. News Corp.’s preferred targets will be subscription based, rather than dependent on advertising, he says.
—Jon Lafayette

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