Articles tagged: Rupert Murdoch

Happy New Fears for one and all

January 2, 2014

Another year will bring another set of reasons to be fearful, as sure as eggs contain salmonella and the ghost of Jimmy Savile haunts the BBC. Thus far, none of these fears have carried off the planet. Some, like Aids, have been worse than others but proportionally no worse than, say, the Black Death. Others, such as bird flu and Mrs Thatcher, were quite simply hopelessly overblown conceits. Humans have only been around for a million years. Our capacity to seriously mess things up has increased dramatically over the few... More

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