Then, his younger son, James, could sell off the giant HarperCollins book-publisher. No synergy there. And while he’s at it, why not spin off the B-Sky-B direct-satellite service in Europe – after all Asia is the future.
He also should look at peddling two dozen websites, including MySpace, the social network pioneer that is oh-so yesterday!
A sleeker video content company would be left: Fox film. Fox News Channel and 15 cable outlets. Fox Broadcasting, 27 TV stations and a television production studio and then rename it under that one distinctive brand: the Fox company.
With all due respect, it may be time to take out the mallet, Mr. Murdoch. Learn more about Kneale's idea. Watch the video now.
Kneale also wrote about his idea at length Click here to read more
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Trader disclosure: On July 13, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Seymour Owns (AAPL), (BAC), (INTC), (MSFT); Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Finerman's Firm Is Short (IJR); Finerman's Firm Is Short (IWM); Finerman's Firm Is Short (MDY); Finerman's Firm Is Short (SPY); Finerman Owns (AAPL); Finerman's Firm Owns (BAC), (BAC) Leaps; Finerman Owns (BAC), (BAC) Preferred; Finerman's Firm Owns (BP) Calls; Finerman Owns (GOOG); Finerman's Firm Owns (JPM), (JPM) Leaps; Finerman Owns (JPM); Fimerna's Firm Owns (MCD); Finerman's Firm Owns (RIG) Calls; Finerman's Firm Owns (YUM); Terranova Owns (ADI), (GOOG), (APC), (GMCR), (MYL), (BAC), (ABT), (AXP), (HES), (AMZN), (SUN), (SMH), (MYL), (MRVL), (ADI), (EMC), (CVS), (AKAM), (ADBE), (MON), (KCE), (FCX) ; Terranova Owns (FCX) July Calls; Kelly Owns (BP) Puts; Kelly Is Short (GS); Jon Najarian Owns (SCHN), Is Short (SCHN) Calls; Jon Najarian Owns (STLD), Is Short (STLD) Calls; Jon Najarian Owns (BP), Is Short (BP) Calls
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Terranova is chief market strategist of Virtus Investment Partners, LTD.
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For Brian Kelly
Accounts Managed By Kanundrum Capital Own (GLD)
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Accounts Managed By Kanundrum Capital Own (BIG)
Accounts Managed By Kanundrum Capital Own (GME)
Accounts Managed By Kanundrum Capital Are Long U.S. Dollar
Accounts Managed By Kanundrum Capital Are Short (FXI)
Accounts Managed By Kanundrum Capital Are Short (EWA)
Accounts Managed By Kanundrum Capital Are Short (EWI)
Accounts Managed By Kanundrum Capital Are Short (NATI)
Accounts Managed By Kanundrum Capital Are Short (KMX)
Accounts Managed By Kanundrum Capital Are Short (RSX)
Accounts Managed By Kanundrum Capital Are Short (AMZN)
Accounts Managed By Kanundrum Capital Are Short (FCX)
Accounts Managed By Kanundrum Capital Are Short (HIG)
Accounts Managed By Kanundrum Capital Are Short (MET)
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FBR Capital Markets Is A Market Maker Or Liquidity Provider For (BRNC), (RIG), (SLB), (KEG), (HERO), (ESEA), (TESO), (SBLK), (VTG)
Mackenzie And/Or A Member Of His Household Owns (RIG),
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Related Services)
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