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Murdoch Empire Rules Out Creating British Version of Fox News

Photographer: Kevin Hagen/Getty Images 

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Rupert Murdoch’s News Corp. has decided against creating a U.K. version of Fox News, a network that dominates U.S. cable news while drawing criticism for its polarizing content.

The company’s British boss, Rebekah Brooks, told employees in a memo Tuesday that it wouldn’t make economic sense to launch a traditional cable network in the market. News Corp. is opting to focus on online video rather than so-called linear TV, she said.