“Rupert is 86. He’s looking toward setting up [his family],” one observer said. The industry is rapidly changing, and as the Disney deal currently values the 21st Century Fox assets at more than $66 billion, it’s probably never going to get better than that. Fox shareholders, including the Murdochs, could hold around 25 percent of a new mega-Disney, which will now be supremely positioned to face off with Netflix and other giants in the new media landscape.
The Murdochs got their start in the newspaper business, so it