Investor Presentaiton
Management at both companies (Fox and News Corp) have historically seen "no obvious synergies"
"...Fox is a focused company and we don't get distracted by ideas that are not correlated to our core businesses or
strategic direction. Our 2013 spin out of News Corporation was about achieving better focus on complementary
businesses as both 21st Century Fox and News Corporation. Our Fox spin has refined that focus even further. I can see
no logic in reversing the benefits of those defining actions. That is one reason we chose not reacquire our regional
sports networks from Disney. It is also the reason why we will not reunite with News Corporation."
- Lachlan Murdoch, Fox Corporation Investor Day (19 May 2019)
Q: "One last question from me. I cover Fox here in the U.S. and I'm always asked about the possibility of a combination
between News Corp and Fox. What are your sort of general thoughts on that?"
A: "Look, I think Lachlan may have spoken about this and said there are no obvious synergies or no obvious plans to do
that in the short term. I think that business is obviously focusing on establishing itself and working through what those
plans are. And we clearly have our own set of plans here. So for us, there is no talk of that as we speak."
– Susan Panuccio, UBS Media and Communications Coference (4 December 2018)
IRENIC
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