Rupert Murdoch established his global empire from a single
Adelaide afternoon newspaper he inherited from his father in the 1950s and
challenged the establishment by turning around struggling mastheads and taking
on massive debt.
But Mr Cox doubts that an ageing Mr Murdoch would sentimentally
prop up the company's fading interests in Australia and might be under pressure
to concede the local business is unviable.
"That is certainly the case. Rupert Murdoch is now in his
mid-80s, he won't last much longer," Mr Cox said……
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