Date: 22nd January 2001

Murdoch May Sell Fox Family Channel


Anxious to acquire the wherewithal to buy DirecTV and fuse it with his Sky Global satellite company, Rupert Murdoch is considering selling Fox Family Worldwide, which operates the Fox Family Channel, according to today's (Monday) London Financial Times. The paper said that Disney and Viacom are the two most likely buyers. The channel could fetch about $3 billion, the newspaper said.

Source: Studio Briefing