Is it Time for Fox to Sell Off Their O&O's?

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A top Wall Street analyst thinks it might be time for Fox to sell off their O&O stations.

RBR points out that it wasn’t that long ago, that MoffettNathanson Senior Analyst Michael Nathanson was high on Fox Corporation, noting how a bet on live content would prove valuable to consumers and advertisers.

But the investor has now changed his tune and thinks that Fox management needs to “ask themselves what economic value is Fox Network generating today and how is the market assessing that value.”

In short, Nathanson is asking one eye-popping question to Fox: Is it time to sell the broadcast assets?

Stay tuned….