No surprise, in this age of rampant private gain over public interest, that Rupert Murdoch has re-emerged. Like a boxer who can be knocked about the ring and to the mat but never knocked out, Murdoch, CEO of 21st Century Fox, now makes a new bid for a company he has long sought to control:... ...
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So Thomson’s ascension is no surprise (“Nine Questions as Murdoch Splits The News Corp. Baby”). Sure, he’s an editor — but he’s a News Corp. editor, and has been for a decade. Robert Thomson has been well schooled in the College of Murdoch. He’s a strategic news executive with a good sense of ...
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Why did The Daily fail? I think the short answer is that it missed the first law of media: Make it interesting. The Daily was attractive, even sometimes stunning, in its visual appeal, but too empty-headed to attract a daily readership. If you are going to call something The Daily, you better ...
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Is the conflating of Hackgate and this BBC scandal fair? We'll see. Let's be clear though. This one will quickly push Hackgate to the background. So, instead of the New York Times playing the white knight, aiding the Guardian in its disclosure of Hackgate, it now gets sucked into the scandal of ...
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Tribune’s own market assessment of all its eight newspaper properties, part of the bankruptcy proceeding, came in at $623 million, compared to $2.85 billion for the broadcast business. Without competitive bidders, that amount may be optimistic. With competitive bidders — especially in L.A. and ...
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The split made sense even before Hackgate. Viacom, Belo, and Scripps all split off growing assets over the last several years to investors’ cheers. This sequestering of no-growth — what the newspaper business, charitably, has become — businesses has its logic. Media ain’t what it used to be. ...
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It has seen a huge jump in people visiting its website. On Monday, a peak, in this amazing, still-unwinding tale, the Guardian saw nearly 4M uniques. That compares with 2.8 million a day in May, and that was an above-average month for the Guardian, when it landed 51 million uniques overall.
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