How the Murdoch Children Are Likely to Spend Their Disney Haul

(Bloomberg Businessweek) -- For several decades, the media industry watched slack-jawed as Rupert Murdoch acquired newspapers, magazines, TV channels, book imprints, movie rights, satellite assets, websites, and social networks. He bought from old-money, aristocratic families on the decline and from startup hipsters on the rise. Whether the media market was hot or frigid, Murdoch kept right on buying in spite of howling opposition from his progressive detractors.