The Traderszone Network

Published in TZ Latest News 20 April, 2015 by The TZ Newswire Staff

With a prince’s backing, James Murdoch may soon ascend at Fox

“James is a giant!” said Alwaleed, a Murdoch family ally and one of Fox’s top shareholders with a 6.6 percent voting stake, in an interview. The billionaire prince’s seal of approval – and increasing acceptance of James by other shareholders – may be laying the ground for Fox to give the 42-year-old day-to-day control of the company sooner rather than later.