All of a sudden, it seems, everybody wants to own a US media company. In the last few weeks, several of the world's biggest telecommunications and media companies have started circling Twenty First Century Fox Inc with an eye to buying a significant piece of Rupert Murdoch's global media and entertainment empire. Potential suitors include Comcast Corp, Verizon Communications Inc and Walt Disney Co. Meanwhile, Meredith Corp is considering a bid for Time Inc and Discovery Communications Inc is acquiring Scripps Networks Interactive Inc. Viacom Inc shares rose 10 percent ...
Buyers bullish on media, zero in on Time Inc, Murdoch's 21st Century Fox
Fox's profit per share is down about 50% from 2013, while Viacom's is up only slightly