This year, Fox News is on track to pull in some $700 million in operating profits. And 20th Century Fox, the studio that gave us Avatar, is expected to bring in enormous profits, as well. With such holdings in television and film, why does Rupert Murdoch care so much about newspapers?

I’m just a curious citizen. I love to know what’s going on in the world. And whereas to make a film is often two years of agony, what I love about newspapers is that you can always produce a better one the next day.

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