Murdoch disinterested in Ten
At a shareholder’s meeting held in Adelaide the chairman was also unfazed by the writer’s strike. Murdoch runs the FOX Network in the US.
“In a sense it helps us,” he said. “It’s cheaper to run repeats but some repeats run much better than others. “They don’t have much financial pressure to apply.”
Meanwhile no word on whether son Lachlan is picking up Jamie Packer’s shares of PBL Media.
Source: The Australian.