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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRupert Murdoch wants HBO so badly, he’s willing to buy all of Time Warner Inc. to get it.
Looks like Murdoch wont give up easily. Looks like Maher and "Real Time"'s days are numbered.
HBO Said Valued at $20 Billion by Fox Seeking Netflix Killer
By Erik Schatzker and Caitlin McCabe - Jul 16, 2014
Rupert Murdoch wants HBO so badly, hes willing to buy all of Time Warner Inc. to get it.
HBO is one of the main reasons, along with rights to sports programming and international content distribution, that Murdochs 21st Century Fox Inc. (FOXA) offered $85 a share for Time Warner, said a person familiar with the matter. Fox and its advisers value HBO, the home of buzzworthy TV like Game of Thrones and Girls, at more than $20 billion, the person said. Time Warner said today it rejected the offer from Fox.
Fox sees HBO, which offers an online-streaming service to cable subscribers to compete with Netflix Inc. (NFLX), as having more potential to expand internationally and on mobile and digital platforms, the person said. While Fox doesnt expect to be able to run the business better than Time Warner has, it can add its own more prestigious programming, such as The Americans, to the networks offerings, the person said. HBO is key to any strategy Fox pursues for online-video services, the person said.
Its really now HBO thats the driver, and I think thats the Holy Grail that Rupert had his eye on, said Porter Bibb, managing partner at Mediatech Capital Partners, told Tom Keene and Scarlet Fu in a radio interview on Bloomberg Surveillance. Its a huge money maker with a huge potential. And probably the only Netflix killer thats in the world right now.
Rejected Bid
Fox could make a higher offer than its earlier bid, depending on Time Warners willingness to begin talks and open up its books for Fox, a person familiar with the matter said. The companies said today they arent currently in discussions.
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http://www.bloomberg.com/news/2014-07-16/hbo-said-valued-at-20-billion-by-fox-seeking-netflix-killer.html
donco
(1,548 posts)rupert wants to bury Alpha House?
KamaAina
(78,249 posts)MohRokTah
(15,429 posts)It's proven to be a valuable asset after the airing of the originals. All of the streaming companies leverage HBO content, including HBO and their affiliated cable providers.