Did an episode of ‘The Simpsons’ from 19 years ago predict the future? It shows the entrance to 20th Century Fox’s movie studios with fine print below the logo that reads “A Division Of Walt Disney Company.” The episode is coming to light after Disney purchased 21st Century Fox for $52.4 billion Thursday morning. The deal includes Fox’s 39 percent stake in satellite broadcaster Sky and the 20th Century Fox film studio, Disney announced. It’s not the first time the show has had a crystal ball.
The Red York Times: First in Fake News.
Michelle Malkin writes: Newsflash from The New York Times: Women may have starved under socialist regimes, but their orgasms were out of this world!
That’s the creepy gist of one of the Grey Lady’s recent essays this summer hailing the “Red Century.” The paper’s ongoing series explores “the history and legacy of Communism, 100 years after the Russian Revolution.” When its essayists aren’t busy championing the great sex that oppressed women enjoyed in miserable Eastern Bloc countries, they’re extolling Lenin’s fantabulous conservationist programs and pimping “Communism for Kids” propaganda.
Since this is back-to-school season, it’s the perfect time to teach your children about faux journalism at the Fishwrap of Record. As the publication’s pretentious own new slogan asserts, “The truth is more important than ever.”
While the Times hyperventilates about the dangers of President Trump’s “art of fabrication” and “Russian collusion,” this is the same organization whose famed correspondent in Russia, Walter Duranty, won a Pulitzer Prize for spreading fake news denying Joseph Stalin‘s Ukrainian genocide.
An estimated 10 million men, women and children starved in the Stalin-engineered silent massacre between 1932-1933, also known as the Holodomor. Stalin had implemented his “Five Year Plan” of agricultural collectivization — confiscating land and livestock, evicting farmers, and imposing impossible grain production quotas. At the peak of the famine, about 30,000 Ukrainian citizens a day were dying. Untold numbers resorted to cannibalism. Read the rest of this entry »
“Bob Beckel was terminated today for making an insensitive remark to an African-American employee,” the network said in a statement.
The dismissal opens — or perhaps closes — another chapter in an off-and-on relationship Beckel has had with the 21st Century Fox-owned cable-news outlet over the years. Beckel, a longtime political consultant as well as a former campaign manager for Democratic presidential candidate Walter Mondale, joined Fox News in 2000, and had a years-long tenure on “The Five” when it aired in the late afternoon. Indeed, he was one of the program’s original co-hosts.
He departed in 2015 while recuperating from back surgery in a split that was seen as less an amicable. “We tried to work with Bob for months, but we couldn’t hold ‘The Five’ hostage to one man’s personal issues,” said Bill Shine, who was then the network’s executive vice president of programming, in a statement at the time. “He took tremendous advantage of our generosity, empathy and goodwill and we simply came to the end of the road with him.”
But Beckel returned to Fox News in 2017 after doing a stint at CNN, and was greeted with open arms. “Bob was missed by many fans of ‘The Five’ and we’re happy to welcome him back to the show,” said Rupert Murdoch, executive chairman of Fox News Channel and its corporate parent, 21st Century Fox, in a prepared statement, in January.
Fox News’ human resources department was made aware of a complaint about what one person familiar with the situation characterized as a “racially insensitive remark” on Tuesday evening. Executives conducted an internal investigation, this person said, and decided to part ways with Beckel Friday morning. Read the rest of this entry »
Fox News Channel made an appearance today in corporate filings submitted by parent 21st Century Fox. The price tag is at $45 million since Roger Ailes was canned last summer following numerous and explosive allegations of extremely inappropriate behavior.The financial fallout from the sexual harassment claims and lawsuits piling up at
“Other for the three and nine months ended March 31, 2017 included approximately $10 million and $45 million, respectively, of costs related to settlements of pending and potential litigations following the July 2016 resignation of the Chairman and CEO of Fox News Channel after a public complaint was filed containing allegations of sexual harassment,” said a section deep within the Quarterly Report (read it here) that 21st Century Fox submitted to the SEC on Wednesday. The total figure for the ‘Other’ category over the nine months that ended at the end of March is $71 million.
My colleague David Lieberman reported earlier today that 21st Century Fox also noted in its quarterly report that it has “received regulatory and investigative inquiries relating to these matters and stockholder demands to inspect the books and records of the Company which could lead to future litigation.” As civil suits from Fox News on-air talent, past and potential contributors and others swirl, prosecutors at the U.S. Attorney’s Office in Manhattan and criminal investigators from the U.S. Postal Inspection Service are looking into what went on at FNC in these matters, who was paid what, and where it ended up in the books.
“Due to the early stage of these matters, the amount of liability, if any, that may result from these or related matters cannot be estimated at this time,” the filing today goes on to say in bloodless corporate speak. “However, the Company does not currently anticipate that the ultimate resolution of any such pending matters will have a material adverse effect on its consolidated financial condition, future results of operations or liquidity.”
The key word, as it has been for a while in this, being “anticipate” — that being what Fox has not been good at the past nine months.
At what Fox surely hoped was the end of the matter but really became the prologue in many ways, Ailes was shown the door by Rupert Murdoch and his sons James and Lachlan on July 21 last year soon after former Fox & Friends co-host Gretchen Carlson sued him for sexual harassment. Ailes was said to have received a $40 million golden goodbye from the Murdochs, which does not seem to be reflected in today’s filing. In September, Carlson came to a $20 million settlement with Fox and dropped her legal action. That payout is surely part of the $45 million noted in today’s filing. Read the rest of this entry »
Fox News’ handling of the renewed harassment allegations is a reflection of greater company conflicts and a generational shift as Rupert hangs on to a bygone era and James and Lachlan plot a risky new course.
Michael Wolff reports: Last July, after Gretchen Carlson sued the Murdoch-controlled 21st Century Fox and Roger Ailes, the then-head of Fox News Channel, for sexual harassment, Rupert Murdoch told his sons, both Ailes enemies, that paying off Carlson without a fight would mean more lawsuits. Easy-money settlements always bring more claims. James and Lachlan Murdoch, however, were eager to get rid of their nemesis, and the most direct way to do that was to accept Carlson’s claims after a quickie investigation and then use a big payoff — $20 million — to end the dispute and calm the storm.
Nine months later, the chickens coming home to roost, Fox has continued to collect a string of look-alike claims against Ailes and against ratings giant Bill O’Reilly, with a firestorm of recent press attention on what The New York Times is calling the “O’Reilly revelations.” What has been revealed is not evidence nor an admission of guilt but details of payments settling complaints against O’Reilly — not a small distinction. You can assume maximal guilt, which the Times and other Fox haters do, or you can assume, as many lawyers do, that when there is money to be had, plaintiffs come out of the woodwork. (“Coming out of the woodwork” is a virtual term of art in big settlement tort cases).
Murdoch Senior is said to be saying, “I told you so.” James, CEO of 21st Century Fox, is blaming it on the Fox News culture and has hired Paul Weiss, the same law firm that performed a two-week investigation of Ailes, to probe O’Reilly (there is, too, a Department of Justice investigation of how settlement payments were made, which Rupert dismisses as DOJ liberal politics and which his sons see as indicating more Fox News dark arts). This is a reflection of greater family and company interests and conflicts. Read the rest of this entry »
NEW YORK/LONDON (Reuters) — Rupert Murdoch’s Twenty-First Century Fox Inc. has struck a preliminary deal to buy the 61 percent of British pay-TV firm Sky PLC it does not already own for around $14 billion, five years after a political scandal wrecked a previous bid.
The proposed offer of £10.75 a share in cash, which is backed by Sky’s independent directors, would strengthen the position of James Murdoch — who is both chief executive of Fox and chairman of Sky — in his 85-year-old father’s media empire.
People familiar with the matter said Fox had pounced after Britain’s vote to leave the European Union in June sent the pound down about 14 percent against the U.S. dollar and Sky’s share price tumbling.
Owning Sky would give Fox, whose cable networks include Fox News and FX, control of a pay-TV network spanning 22 million households in Britain, Ireland, Austria, Germany and Italy.
It would also be the latest deal to marry distribution with content after AT&T Inc. announced an $85 billion bid to buy Time Warner Inc. earlier this year. While Sky does produce some of its own content, including in news and sport, the deal would give Fox full ownership of a wider distribution platform in Europe.
“Fox has always seen its 39 percent stake in Sky as an unnatural state of being and has long been trying to buy full control,” a person familiar with the deal said. Read the rest of this entry »
At first blush, it’s strange to think of Murdoch — who was 56 years old when the Fox network made its primetime debut in 1987 — as some sort of renegade. As the head of a major media conglomerate, he’s been a firmly entrenched part of the establishment.
Through the series of deals on which he built Fox, however, as well as the expansion of the studio, Murdoch has seldom been bound by convention. Read the rest of this entry »