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Century foxx is in a position to offer. Murdoch is reportedly willing to raise the offer higher than 85 a share if time warner opens its books and starts talking. Mergerld this potential change media as we know it . Cory johnson with me here in the studio and in l. A. , our senior west coast correspondent, jon erlichman. What is 21st century foxx and today . Time warner inc. Like these are largely televisionrelated businesses. They both obviously have film operations but this is largely a play on the future of television. If you look at where is foxx sits. Dealsve two massive taking place. Time warner cable being swallowed up by comcast. We constantly talk about what for the channels, what kind of leverage they will have in the negotiations when they are trying to squeeze more fees out of the cable company. If you look at some of the things foxx has been doing, trying to boost the value of their own brand. This would be the extension of that. Hbo, turner, some of the big brands that ti

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