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Detailed text transcripts for TV channel - FOXNEWS - 20171214:20:26:00

A deal worth more than $52 billion. 21st century fox is the parent company of this network. our executive chairman, rupert murdock says he s holding on to some properties including fox news channel to create a spin-off company. here s what he told maria bartiromo on fox business network. watch. the new fox will have fox news, fox business, fox broadcasting, fox sports. the pride is, it will have a cash flow at least of $2 billion a year after everything. so we can see expanding this in different opportunities and forming another great company there. trace: the white house president trump called rupert murdock to congratulate him on the deal. gerri willis, what does this mean? this deal has big implications for hollywood and silicon valley. let s take a look at what disney ....

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