I can't read the article because that link demands that I have an account at the NYTimes.
I remember vividly when Murdoch caused ABC local station to be off the air for over a month here about two years ago over a carriage fee dispute. But I'm not sure this deal would be awful. I am far more concerned about Comcast getting its paws on TWC. That will be a disaster.
Stock prices soared for Time Warner when this bid became known. Supposedly there will likely be an attempt at a hostile takeover now a buyout has been rejected. As for HBO (which I have never seen):
"If Fox is able to buy Time Warner, it would hang onto cable networks such as TBS, TNT and premium network HBO, as well as movie studio Warner Bros."
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www.kitv.com/money/time- ··· 26976848