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Walt Disney Buys Murdoch's Fox for $52.4bn

The deal ends Rupert Murdoch's more than half century of media empire building.

The deal ends Rupert Murdoch's more than half century of media empire building. Matthew Garrahan is global media editor of the Financial Times, and tells us what's behind the move. Also in the programme, US president Donald Trump looks to be on the verge of a breakthrough in his bid to reform and cut taxes. David Moore is chief executive of private equity firm Moore Holdings and reacts to news of a Republican deal to progress the legislation. Former Federal Communications Commission board member Gloria Tristani tells us why she thinks the FCC is wrong to try and end the principle of 'net neutrality'. We hear about concerns in Nigeria that a $36bn overhaul of the country's rail network might involve the country taking on too much debt. Plus a new app called 'We Croak', which reminds users of their mortality five times a day, is proving to be popular in the App Store. It's inspired by a Bhutanese proverb, and Linda Learning, who wrote 'A Field Guide to Happiness: What I learned in Bhutan about Living, Loving and Waking Up', offers us her assessment.

(Picture: Disney's Bob Iger and Fox's Rupert Murdoch. Picture credit: Disney.)

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27 minutes

Last on

Thu 14 Dec 2017 22:32GMT

Broadcast

  • Thu 14 Dec 2017 22:32GMT