Mark Cuban wants to buy Fox News but doesn't have the money, says it could cost around $15-20 billion
Mark Cuban recently expressed his interest in buying Fox News if he had the money, according to a report.
Budget with ET
Tax calculator
In an interview with Wired, Cuban said that acquiring the network would be a key way to reach what he called the "Fox News generation," referring to baby boomers.
Cuban estimated that buying Fox Corporation, which was valued at around $15.6 billion (and has increased 30% in value since September), would require paying at least a 50% premium, bringing the price up to about $22 billion, reported Benzinga.
He also said that changes would need to be made to the network, and that might require another $2 billion, as per the report. While Cuban said some things could be sold off, he estimated that the total net cost could range between $15 billion and $20 billion.
Cuban admitted «I don't have $15 or $20 billion in cash sitting around,» reported Benzinga. According to the report, Cuban's current net worth is estimated at $5.7 billion.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial
