Yesterday, unlike ‘Lord’ Mandelson, I saw George Osborne deliver his case for the Tories as the party of ‘Progressive Politics” at centre-left Demos think tank HQ. The hounhymns were confounded. Phil Collins – no, not the former drummer of progressive rock group Genesis but the former speechwriter for failed prog rock singer, Tony (Ugly Rumours) [...]
Monthly Archives: August 2009
News Corp is losing money because no news is bad news
August 8, 2009 – 5:26 pm
Last week, News Corp, owners of the Wall St Journal, New York Post, (London) Times, Sunday Times, The Sun, News of the World, the Australian, BSkyB Television, Fox, Star TV Asia and others reported a 10.7% decline in revenue to $7.67 billion (almost $800 million) and quarterly net losses of $203 million. Bad as it [...]