Wanna Buy a Channel?

  • May 14, 2001
News Corp. and Saban Entertainment Inc. are seeking buyers for Fox Family Worldwide Inc., which they co-own. The two companies are said to be seeking between $4 billion and $6 billion for the unit. According to a recent report in the Wall Street Journal, there are doubts on whether the assets are worth that much, in light of Fox's recent operating performance.

- Adam Bernard

Next story loading loading..