Thats an unusual statement.
We like being very focused.
So well continue to do that.
Well continue to engage with our audiences, be it in news or sports, around live content.
You wont see us pivoting to entertainment, for example.
But we do have the best [or] one of the best balance sheets in the business.
Well continue to invest organically in business like that, which we think have a tremendous future.
But well also use our balance sheet increasingly, I think for M&A as we go forward.
Watch on Deadline
Its not clear what Fox will go for.
As cord cutting eats into affiliate fees, its hard.
You are like a gerbil running on the spinning wheel.
But we are running very fast, we are very fast gerbils, he said.
He also weighed in on Venu, the streaming sports JV a judge blocked from launching.
An expedited hearing for the parties involved including partners Disney and Warner Bros.
Discovery, and Fubu, which sued them all and achieved a temporary injunction, is set for Thursday.
He thinks people misunderstand Venu, which is nothing like a channel package.
Fox remains very excited to launch it.
