Monday, 4 March 2013

You Can't Hold On Too Long

Why would News Corp be selling its 44% shareholding in Sky TV?  And at 7% below the price it was trading at on Friday?

Rupert Murdoch is a canny man, and did not become phenomenally wealthy through pure luck.  He has realized that SkyTV's future is bleak, and that as competition from new media increases the business model the Sky TV uses will become obsolete.

The Cars - Candy-O , 1979

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