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Wednesday, September 16, 2015

Insiders say that National Geographic will continue to operate autonomously, despite new relationship with Fox

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Last week, a single piece of news rocked the internet in a way that few other headlines have. The world learned that 21st Century Fox – an outfit headed by known climate denier Rupert Murdoch – will pay $725 million to increase its stake in National Geographic. This move gives Murdoch’s company a 73 percent share of the company, which has been a nonprofit scientific institution for the last 127 years. News of the deal had a lot of people freaking out, as concerns over the possible “Foxification” of one of the world’s most beloved nature spread across the internet as fast as the cutest of kitten videos, but insiders are saying that the expanded partnership may not be as bad as people fear.

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