Rupert Murdoch

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One Year On: Murdoch Dances, News Corp Mourns

Purchase of Dow Jones came at worst possible time

(Newser) - Those hesitant Bancrofts who sold the Wall Street Journal to Rupert Murdoch last year have something to smile about this Christmas. Murdoch may be delighted with his new toy, but News Corp.'s share price has plunged 61%, farther than even perennial underperformer Time Warner. One year after its acquisition...

Regan Attacks Newser Founder
Regan Attacks
Newser Founder

Regan Attacks Newser Founder

(Newser) - Judith Regan is ready to take her rage to court, Rush & Molloy write in the New York Daily News. The former Harper Collins publisher says Newser founder Michael Wolff crossed the line by calling her "reviled" and "unemployable" in his book, The Man Who Owns ...

Murdoch Sees Opportunity in NYT's Troubles

Bio says he'd love to acquire it, make Sulzberger his 'puppet'

(Newser) - First the Journal and next the New York Times? The Economist takes a look at Rupert Murdoch's "ever-stronger" ambition to acquire the Times, as laid out in a new biography, The Man Who Owns the News, by Newser founder Michael Wolff. Murdoch views the Times as his "favorite...

Murdoch Relies More on Impulse Than Vision
Murdoch Relies More
on Impulse Than Vision
analysis

Murdoch Relies More on Impulse Than Vision

(Newser) - Rupert Murdoch may be a titan of the media world, but don't look too deeply to figure out what motivates him. In fact, the "most radical idea" in a new biography of Murdoch by Newser founder Michael Wolff is "that there was never a vision or a broad...

Family Deadlock Looms for News Corp.

No tie-breaker deal for 4 Murdoch heirs with voting power: Wolff

(Newser) - News Corp. could be headed for a deadlock when 77-year-old Rupert Murdoch's heirs take over, the Financial Times writes, based on a reading of Newser founder Michael Wolff's upcoming book, The Man Who Owns the News. An agreement giving equal shares in the Murdoch family’s stake to all 6...

Journal Poaches Times' Ad Dollars

Expansion of coverage under Murdoch has lured high-end retailers to WSJ

(Newser) - The New York Times and the Wall Street Journal are in an advertising war, and it appears the Journal is winning, Bloomberg reports. Notable accounts, particularly in the luxury market, are fleeing to the Times’ rival. “They’re definitely stealing advertising dollars,” one analyst said of the Journal,...

Has Obama Tipped Murdoch Left?
 Has Obama 
 Tipped Murdoch Left? 
analysis

Has Obama Tipped Murdoch Left?

NY Post coverage trumpets president-elect

(Newser) - Media watchers have been tracking the post-election New York Post with particular interest: Instead of being dyspeptic over the Democratic presidential win, Rupert Murdoch's gleefully right-wing tabloid has treated Barack Obama to coverage ranging, as the New York Times puts it, "from warm and fuzzy to downright heroic."...

Meet the Murdochs, the Last News Dynasty

6 children compete for affection and business, writes Wolff

(Newser) - In an age of MBA-holding executives and shareholder revolts, Rupert Murdoch's News Corp. is that rarest thing: a business dynasty. The media mogul's six children, by three different wives, have conducted their power plays in public and private. But as Michael Wolff writes in Vanity Fair, while the elder...

Murdoch Picks Fight With Newser Founder

(Newser) - It won't surprise anyone that Rupert Murdoch managed to get his hands on an advance copy of Michael Wolff's upcoming biography of him, despite a strict embargo, or that he complained to the publisher over some of the contents. Murdoch gave Wolff more than 50 hours of interviews and access...

NYC's Elites Want More of the Mayor
NYC's Elites Want More
of the Mayor
analysis

NYC's Elites Want More of the Mayor

Papers, biz leaders on board for another Bloomberg term

(Newser) - New York’s opinion leaders are presenting a united front in favor of suspending term limits so Michael Bloomberg can serve a third term as mayor, David Carr writes for the New York Times. With the city facing job loss and financial crisis, everyone likes Mike, at least for another...

MySpace Elbows iTunes With New Music Service

Rival launches today

(Newser) - Apple’s iTunes meets its first serious challenge today with the launch of MySpace Music, CNET reports. The second-largest online social network has joined forces with Amazon and the world’s four biggest record labels to offer free streaming and paid downloads. The move also pitches media mogul and MySpace...

NY Post Endorses McCain
 NY Post Endorses McCain 
Opinion

NY Post Endorses McCain

Praises 'battle-tested courage' over Obama's inexperience

(Newser) - The New York Post “emphatically” endorsed John McCain today, praising the Arizona senator’s “battle-tested courage, unshakeable devotion to principle,” and national security acumen, and dismissing the “tissue-paper-thin resume” of Barack Obama. Despite decades in Washington, McCain “is not of Washington,” the Post argues,...

Obama to Face O'Reilly During McCain Speech

Democrat's first visit to Fox News show follows Murdoch truce

(Newser) - It seems the "tentative truce" between Barack Obama and media mogul Rupert Murdoch is beginning to bear fruit, Politico reports, with the Democratic candidate set to appear on Fox News' The O'Reilly Factor tomorrow before John McCain’s speech to the Republican National Convention. It will be Obama’s...

'Rupert Murdoch Is Becoming a Liberal'

Mogul held secret meeting with Obama to negotiate a truce: Wolff

(Newser) - Rupert Murdoch isn't what you've been told, Michael Wolff writes in Vanity Fair. He's not a destroyer of journalism—he is perhaps the last great lover of newspapers. And he’s actually turning liberal. Yes, he’s still a free-marketeer, but Murdoch has been seduced by his second wife’s...

Big Bucks Flock to Beijing
 Big Bucks Flock to Beijing 

Big Bucks Flock to Beijing

(Newser) - The Beijing Olympics are a celebration of sport, for sure, but they are happening in China, which makes them a business opportunity unlike earlier Games. Folks with deep pockets are converging on the capital to wheel and deal, with an eye to the emerging middle-class market of some 300 million...

Facebook Just 'Flavor of the Month': Murdoch

Rival that's overtaken his MySpace merely 'directory,' not network

(Newser) - Rupert Murdoch today insulted the rival of his popular MySpace, calling Facebook the “flavor of the month” and a mere “directory”—on the occasion of his social networking sinking to the No. 2 spot in worldwide traffic. The media mogul said Facebook was not a real social...

Murdoch's Journal Wins Back a Fan
Murdoch's Journal
 Wins Back a Fan 
OPINION

Murdoch's Journal Wins Back a Fan

Slate critic once thought Murdoch would kill storied paper

(Newser) - Rupert Murdoch's attempt to make the Wall Street Journal the "first read" for elites, rather than playing second to the New York Times on non-financial stories, looked like a recipe for disaster to Jack Shafer. It was likely to result in me-too coverage crowding out the Journal's signature reporting,...

Murdoch Set to Finance Editor in UK Election

Sun editor will run in special vote on terrorism laws

(Newser) - With the personal backing of Rupert Murdoch, the former editor of Britain's biggest-selling tabloid is set to run in a special election triggered by yesterday's surprise resignation of a top Tory. Kelvin MacKenzie, who edited Murdoch's Sun for more than a decade, is preparing to contest the seat vacated by...

Failed Microhoo Deal Baffling to Murdoch

Media mogul blames Microsoft's lack of 'big deal' experience

(Newser) - Microsoft’s lack of experience in “buying big things” is a major reason the company didn’t seal its buyout of Yahoo, media mogul Rupert Murdoch tells CNET, who adds he was “mystified” at the lack of a deal. An alliance between Yahoo and Google—"just gushing...

Murdoch Names Thomson New Journal Editor

Publisher takes over spot left open after forced resignation

(Newser) - Rupert Murdoch has named Wall Street Journal publisher Robert J. Thomson as its top editor, reports the New York Times. Thomson, whom Murdoch made publisher just five months ago, was previously the top editor of Murdoch's Times of London. His appointment is expected to speed the pace of change at...

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