FOX CEO addresses the network’s relationship with WWE and potential sale

While speaking at a Morgan Stanley investor conference on Thursday, FOX CEO Lachlan Murdoch addressed the network’s relationship with WWE and potential sale…

“They’ve been great partners throughout our relationship. If they ultimately sell the business, I hope the acquirer will be as great as they’ve been. I hope the management team stays intact there. They’ve done a tremendous job. From a rights point of view, we’re focused on their rights renewal. We’re ready. We haven’t engaged with them on the rights yet, we’re ready to engage with them when they ask and they’re ready. Ultimately, our appetite for renewal depends on what happens with the rest of our sports portfolio.” (quote courtesy of WrestlingNews.co)