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Murdoch not interested in buying NBC


September 21, 2008 "[...] why pay a high multiple for that when you can't work out how you can double its profit every five years?" he said Friday in an interview with Neil Cavuto on the Fox Business Network. When Cavuto reminded Murdoch that NBC scored a ratings bonanza with the Olympics, the News Corp. CEO countered, "I don't think they made much money." In the candid interview, Murdoch also blamed a prominent Democrat for the nation's economic woes and called presidential nominee Barack Obama's economic ideas "naive" and "old fashioned."

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