Summary
Rupert Murdoch's media companies are covering a story about an alleged letter from Trump to Jeffrey Epstein in different ways. The Wall Street Journal broke the story, while Fox News has paid less attention to it. Trump is suing the Journal and Murdoch over this coverage but has limited power to influence Murdoch’s media strategy.
Key Facts
- Rupert Murdoch owns both Fox News and The Wall Street Journal.
- The Wall Street Journal reported on an alleged letter from Trump to Epstein, but Fox News has not highlighted this story.
- President Trump is suing The Wall Street Journal and Murdoch because of this coverage.
- News Corp.'s share price has more than doubled since Trump took office.
- Fox Corp.'s shares have increased by 39% since it started trading independently in 2019.
- Trump's relationship with Fox News has been important for his political strategy.
- Fox News ratings are very strong and continue to grow.
- The Wall Street Journal has gained over 3 million new digital subscribers since 2016.
