CNBC's Jim Cramer Updates Ranking of Major Media Stocks

CNBC's Jim Cramer has updated his ranking of major media stocks, putting Fox at the top followed by Disney. He believes it's time to reassess this ranking due to recent developments in the industry, such as the end of the proxy fight at Disney and ongoing takeover talks at Paramount.

Cramer considers Fox a solid choice with resilient performance, while Disney's stock has surged due to the proxy fight.

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