Before I met the SVP from Fox Media, the company only sounded like Fox News to me. But that's not true. Fox Media covers far more than Fox News. Fox Media has broadcasting branch, producing popular TV series such as Simpsons and 24. It also has sports channel reporting on NFL and MLB. It also has news/business branch, Film&Entertainment, Interactive media, Fox Mobile, Publishing, Dow Jones, and so on. Such a big group, I would say, covering from TV, radio, print, publishing to the Internet/Mobile.
I always wonder if a big media monopoly could produce any synergy between its different channels. People may argue it will be more content-efficiency, but my concern is the internal competition. If you could watch "24" online, (clearly and smoothly), will you still watch TV. If you could read the latest news on your mobile, will you read it again on the website? Readers are changing their appetite fast. Could a monopoly catch up with their speed? an open question.