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...future of the media smaller? I hope the future of the media is smarter. The largest media companies are genuinely conglomerates in the old-fashioned sense of the word. They are made up of, in many cases, well over a dozen very different businesses that have nothing to do with each other, and many of those businesses are facing very serious and fundamental threats to their well-being that require significant management attention, and management attention is the most scarce resource at any company. I think the right answer is for these businesses to get more focused. That's generally...
...Your book suggests a lot of the mistakes the media have made are because of the moguls. Media moguls are a little like investment bankers, and I say this with humility. Investment bankers always have No. 1 market share because they only count the deals that they do. Similarly media moguls look like geniuses because they only talk about the deals that went well. The best example of that is when [News Corp. CEO Rupert] Murdoch bought MySpace - and it's rumored Tom Freston lost his job [as Viacom CEO] over not buying it - everyone talked about MySpace...
...favorite subject is maths. But I like all other subjects too." He perks up when he asked what he wants to be when he grows up: "I want to be a [Bollywood] superstar like Salman Khan." Although the trustees believe the children are enthusiastic about school, they have made it clear that they will revoke the monthly stipend of 6,000 rupees ($120) if their attendance falls below 70%. "It will be reinstated the month the attendance is satisfactory," says Dadrawala, expressing confidence that after the warning, the children's attendance at school will improve...
...subject any of its military commanders or civilian officials who led the war to any kind of international investigation or war-crimes tribunal. The apparent request from American officials led to a similar dismissal. In the U.S., the DHS's office of Immigration and Custom Enforcement (ICE), which reportedly made the Fonseka request, refused to confirm or deny the allegation. ICE spokesman Brandon Alvarez-Montgomery said: "If there was an investigation, there's nothing we can provide. Especially in cases that are very sensitive under human-rights violations, until that person or group were fully investigated [we] would never comment...
Foreign Minister Bogollagama said he had made his government's concerns clear to the U.S. Ambassador to Sri Lanka Patricia Butenis. "The U.S. authorities should not exert procedures on [Fonseka]," Bogollagama said. "The interview should not take place." The Sri Lankan government believes that despite Fonseka's status as a green-card holder, the U.S. does not have any jurisdiction over him at this point because he entered the country on a Sri Lankan passport. "General Fonseka is a citizen of Sri Lanka and he holds a diplomatic passport from Sri Lanka," said Bogollagama. The minister said that Fonseka could...