Articles tagged: Media

News Corp is losing money because no news is bad news

August 8, 2009

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 sounds, it is a big improvement on the previous quarter’s losses of $6.4 billion (Thus passim) which were inflated by a huge writedown on the Wall Street journal. The ‘extraordinary item’ this time is kids’... More

Next week, all UK mobile numbers will be fair game for spammers, scammers and buggers – not a lot of people know that

July 10, 2009

. . .and that’s the problem. The Directory of Mobile Phone numbers goes live next week. All numbers, including those belonging to children, will be potentially open to cold calling and the general abuse that unscrupulous telesales people subject us to. Unless you particularly wish to be cold called, deluged with text offers and – if you’re a celebrity – bugged by News Corp, I suggest that you take urgent steps to opt out. You can, in theory, do so here: When on the site, click “Home” then “Ex-directory” this... More

Don’t Panic! Lord Sugar of Tut will save the economy

June 7, 2009

After 13 months of manufacturing decline and with unemployment heading towards 3 million, the unelected British PM has promoted the equally unelected Business Secretary, ‘Lord’ Peter Mandelson, to First Secretary of State in a clear signal that his ‘democratic renewal’ measures mean exactly the opposite. Mandelson, who is really calling the shots at the fag end of this ruptured government, wanted the job of Foreign Secretary but David Miliband, who led a failed coup against Brown last autumn, refused to move. Meanwhile, fingers-in-the till Chancellor, Alastair Darling remains in his... More