21st century fox prepared to offer for the 85 a share for time warner. E joins us now with more. Another big deal Rupert Murdoch is known for, but he got rebuffed. Jeff bewkes, who runs time warner inc. , he thinks it is better for the company to remain independent. He has been selling off assets. When he first took over, he sold aol and timeun off warner cable. Recently, hes been off recently, he spun off time inc. It is a much cleaner and more focused company in terms of being a pure play Video Entertainment business, which would fit in with fox. Was in google rumored to be a better for time warner . Bit mores a farfetched. We dont have reporting that the kids anything real with any kind of Silicon Valley company. Philosophically, it makes sense that some of the emerging Silicon Valley companies with want more content. Youtube, it is a business that has not found its footing. It is growing but it is unclear what the Business Model is. Time warner has a great Business Model. Whether i
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