Fairness Rocks News Fox Rocked by $179M ‘Bones’ Ruling: Lying, Cheating and “Reprehensible” Studio Fraud


Fairness Rocks News Fox Rocked by $179M ‘Bones’ Ruling: Lying, Cheating and “Reprehensible” Studio Fraud

Home Industry News Fox Rocked by $179M ‘Bones’ Ruling: Lying, Cheating and “Reprehensible” Studio Fraud

Author: Eriq Gardner

Date: February 27, 2019

Original Source: Hollywood Reporter

Industry News

Fox Rocked by $179M ‘Bones’ Ruling: Lying, Cheating and “Reprehensible” Studio Fraud

In December 2017, Rupert Murdoch stunned Hollywood by announcing the sale of most of 21st Century Fox to Disney. “A momentous occasion,” Murdoch called the $71.3 billion deal, which came as digital streamers were disrupting the entertainment status quo. Netflix and Amazon Prime may now be just as important as broadcast television ever was. Meanwhile, the old studio vanguard has slowly embraced digital waters — dipping their toes in first with Hulu before making plans to launch Netflix competitors such as Disney+ and WarnerMedia. This coming era of vertically integrated businesses delivering content directly to consumers online wasn’t in the cards for the elder Murdoch. And maybe that’s for the best, given a stunning new $179 million award handed down by an arbitrator.

Read more: https://www.hollywoodreporter.com/thr-esq/fox-rocked-by-179-million-bones-ruling-lying-cheating-reprehensible-studio-fraud-1190346