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July 16th, 2014
08:28 PM ET
Time Warner rejects Murdoch's $80 Billion deal: Will Fox CEO make another offer?
He's the billionaire who doesn't like to take no for an answer. But today OutFront learned Time Warner said no to Rupert Murdoch's $80 billion proposal to add CNN's parent company to his global empire.
For size, for sports, and for ego – why Murdoch wants Time Warner
The merger with the Fox owner would have created a juggernaut - spanning an abundance of channels, movie and television studios and newspapers.
Murdoch may be down, but he has a history of getting his way.
Brian Stelter is OutFront with more.
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