Rupert Murdoch doesn't expect much from the television business, and he has absolutely no interest in buying NBC -- assuming GE ever puts it on the market.
"I can assure you, [NBC is] not doing as well as it used to do, not only because of its prime-time ratings, but because of its local stations . . . Anything that depends on consumer advertising is having a tight squeeze on it," he said in an interview on Fox News on Sunday.
As for the supposed ratings success NBC had with the Olympics, Murdoch is skeptical it boosted the bottom line.
"I don't think they made much money [from the Olympics]," he said.
Photo: Flickr/World Economic Forum
See Also:
