Los Angeles Times

The Fox lot is one asset Rupert Murdoch wouldn't sell to Disney — with good reason

LOS ANGELES - In the end, the legendary Los Angeles birthplace of what became the vast Fox film empire was just too dear to part with.

The historic lot on Pico Boulevard in Century City was retained by the newly formed Fox Corp., even as Walt Disney Co. absorbed much of 21st Century Fox's entertainment assets in a $71.3-billion deal that put Captain America and Wolverine on the same team.

Fox has not spelled out its plans for the more-than 50-acre property where Shirley Temple once danced and sang, but there is certainly more than nostalgia for Hollywood history behind the decision.

Lachlan Murdoch, the eldest son of media mogul Rupert Murdoch, will run the company controlled by the family as its chairman and chief executive. And it's safe to predict that the old lot where generations of movies and television shows

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