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Rupe's troops eager to surf the Web.(News Corp to acquire ringtone sales company Jamba)

Daily Variety, September, 2006 by Goldsmith, Jill

Speaking to investors as News Corp. announced the $190 million acquisition of ringtone sales company Jamba, Peter Chernin said the conglom has no intention of slowing its frenetic Internet shopping spree. He also threatened, for the first time publicly, to pull the Fox News Channel from cable systems if the net doesn't get the rates increases it's seeking in what he expects to be "really tough, tough, tough negotiations" in coming months.

"You're likely to see nothing signed until midnight of the night before the deals expire, and you may see us pull the ...

 

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