Seriously, Murdoch many years ago realized that certain markets in the US were being underserved, as far as television was concerned. He’s stated so. He knew exactly what he was doing. None of this is a secret. It’s not conspiracy. It’s not fantasy.

Murdoch knew that the television news business, dominated by CBS and ABC and NBC, and then CNN, were run by and written by the so-called “elite” - people from the major journalism schools and from the urban centers of NY and LA.

Hate him ( and there is much for which to hate him), but his jumping into a market others had overlooked is how people become rich.