James Murdoch Uses Money From Fox Disney Merger To Invest in Water and Whiskey Pods
If you’ve been following along with MickeyBlog then you no doubt no that last year Fox was sold to The Walt Disney Company who now has rights to titles from 20th Century Fox and shows from the Fox Network including the Simpsons. The merger did not include Fox News.
So what has James Murdoch (son of Rupert Murdoch) been doing with the $2 billion dollars he made in the sale? According to a recent piece in the DailyMail the answer may surprise you!
After the sale, rumors were surfacing in the industry that James Murdoch would be signing on as an exec with Disney. However, that never came to fruition and Murdoch has instead chosen to go a different route – investing in green start-up companies.
It emerged yesterday that Murdoch plans to invest in three climate initiatives, including two that develop non-plastic containers.
One such initiative is with a company called Notpla. The start-up produces packaging that holds everything from water to alcohol and dissolves sort of like Tide Pods.
In addition, Murdoch has also announced plans to invest in another environmental-focused company- Cove which is designing water bottles that are biodegradable.
Murdoch has long had a focus on environmental issues. According to the piece in the DailyMail, back in 2006, he was focused on making Sky carbon neutral and recently criticizing coverage of the Australian Bush Fires.
Readers are encouraged to keep following along with MickeyBlog for the latest Disney-related news and updates!
Thinking about a visit to Walt Disney World? Getting started is easy! Simply fill out our form below to get your FREE, no-obligation quote from MickeyTravels! Book before February 29th and I’ll even throw in a FREE, Disney Gift Card!
Find articles like this helpful? Then why not consider working with an Authorized Disney Vacation Planner? As an agent with MickeyTravels, I’ll be on hand to assist you with everything from finding your perfect package to helping you plan lots of special touches to make your visit truly magical. Best of all my services are absolutely FREE. Get in touch at 1.800.801.4025 via email at email@example.com or follow along on Facebook