In the wake of a punch to the face from phone-hacking-Leveson-scandalous-British-naughtiness, and a kick to the balls from shrinking print revenues, News Corporation is contemplating splitting its TV assets from its print ones. The plan would be to remove the newspaper drag from the share price, and hopefully bypass some of the regulatory fallout from … Continue reading The future of News: from one oligarch to the next?
Rupert Murdoch to the FTC: Technology makes it cheap and easy to distribute news for anyone with Internet access, but producing journalism is expensive. True. Phones don't just illegally tap themselves, and making police investigations magically disappear is also an expensive business... However, his implied public service argument falls down on an obvious point: none … Continue reading As if he’d know