Huber Research Partners Managing Director Douglas Arthur joins Yahoo Finance Live to discuss Fox's business outlook and the passing of the torch to Lachlan Murdoch as sole chairman of both companies.
"Lachlan has run it in a very focused fashion — they've been conservative, they have a ton of cash, they've done minimal acquisitions," Arthur says. "He has not gone down the [direct-to-cable] subscriber route, which is extremely expensive."
