Lachlan Murdoch Says Ellison-Backed CNN Will Be “Strong Competitor” Of Fox News, But “Running News Is Hard”

Fox Corp. CEO Lachlan Murdoch said CNN’s soon-to-be stewards at Paramount are apt to reinvigorate the news network, but he expressed confidence that Fox News can withstand a potential challenge. “We have been winning, and we win amongst strong competition,” Murdoch said at the Morgan Stanley Technology, Media & Telecom Conference. “Under the Ellisons, CNN […]

By Dade Hayes