Fox investment is San Francisco-based hedge fund's fifth largest holding.
Rupert Murdoch says buyout bid given up as Time Warner 'refused to engage with us'.
Bernstein Research analyst Todd Juenger says deal will be in the interest of both firms.
TV host kick-starts his 'Let's Buy CNN' campaign.
It will look to create a TV subscription service across Europe
Rupert Murdoch's 21st Century Fox could sell Fox News rival CNN if it buys Time Warner.
US billionaire John Malone's Liberty Global also owns British TV producer All3Media.
Rupert Murdoch's 21st Century Fox could sell Fox News rival CNN if it buys Time Warner.
Time Warner says long discussion over offer concluded deal undervalues firm's potential.
David Cameron's former media chief is living in fear after revenge attack in Belmarsh prison.
Former NotW editor's notoriety will work against him inside, claims prison consultant snubbed by Coulson
Len McCluskey says he hopes Miliband will remember that Liverpool is a Labour city.
Former Sun and the News of the World editor declares innocence after been cleared of all charges.
Police apparently agreed to delay questioning of News UN boss until after phone-hacking trial ended
The Sun and the Sunday Times websites have been hacked by a group claiming to be the Syrian Electronic Army
A deal could value digital media firm Vice at about $2.2bn.
William Lewis, interim CEO of Dow Jones, to officially take on the job.
Pay-TV firm BSkyB added 764,000 new customers in nine months to end of March.
The Australian business magnate took to Twitter to argue that Cameron's future leadership was under threat.
Father and son reunited in business a decade after media mogul's eldest son quit
Brooks tells Old Bailey media mogul warned 'keep your head down' while editor of NotW.
Ex-PM told NotW editor to set up independent phone-hacking enquiry and publish Hutton Inquiry-style report.