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James Murdoch: Fox’s TV Business Can Grow, Despite Industry Problems | Deadline

Wed Sep 16 08:09:52 EDT 2015 | Deadline
Yes, domestic consumers are starting to cut the pay TV cord, or not signing up in the first place. And, yes, TV ratings and ad sales are diminishing. But Fox CEO James Murdoch told the Goldman Sachs Communacopia Conference this morning that he remains optimistic about the business. Although he considers it “reasonable” to expect the U.S. pay TV market to shrink about 1% a year, there’s still a lot of growth in Europe, Asia, and Latin America. “We operate more globally than many of our compe..

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