Steve Kim explains why HBO cut their boxing budget

[Queen B]

So some clown named Rupert Murdoch tried to buy Time Warner, which owns HBO.

Time Warner said lol no, so he tried to go for a hostile takeover by buying stocks out.

So Time Warner has to take money out of HBO to stabilize the stock prices of their other properties to prevent the hostile takeover.

 

[Marc A]

Will showtime become the home for boxing ?

FYI just rumors among friends but hearing there is going to be a big push for boxing on HBO towards end of year

 

[Sunfish]

Do you know anything about Rupert Murdoch and how wealthy and powerful he is or are you just ignorant?

 

[MC Paul Barman]

I'd a toss a half a crown and a fistful of farthings for the beast me'self.

 

[Queen B]

Do you know anything about Rupert Murdoch and how wealthy and powerful he is or are you just ignorant?

Who gives a shit what he is. Hes a fucking clown and is ruining boxing on HBO

 

[Dynamic23]

Rupert Murdoch never attempted a hostile takeover of Time Warner. He made an offer of $85 per share(about 80 billion dollars) which was rejected, and the shares ended 2015 just under $65 per share He did not start purchasing Time Warner stock. Here is a list of Time Warner's 10 largest shareholders
http://finance.yahoo.com/quote/twx/holders?ltr=1

Also here is a report from the time of the offer which states directly that Murdoch/Fox have no desire to go hostile.
http://www.reuters.com/article/us-time-warner-fox-idUSKBN0FL15T20140717

 

[actjac]

Who gives a shit what he is. Hes a fucking clown and is ruining boxing on HBO

Sometimes a person can reveal what a moron they are by a single post.