Word: murdochs
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When media tycoon Rupert Murdoch gained enough support to acquire The Wall Street Journal’s parent company Dow Jones this summer, the media speculated frantically over what the move would mean for the venerable newspaper. Was the acquisition one more step towards Murdoch’s eventual media monopoly? Would the conservative mogul destroy The Journal’s objectivity? Would the acquisition spell the end of The Journal as we know it? We find much of this hype is ill-reasoned. Murdoch is at heart a businessman and as The Journal’s owner, he will...
...shake the label. (Ask Gore.) And the Edwards campaign has not always done a good job of anticipating and shutting down potential lines of attack. In an attempt to paint Clinton as a creature of the corporate establishment, Edwards demanded that all candidates return their contributions from Rupert Murdoch and executives at News Corp., which owns Fox News. (Clinton has taken about $20,000 from them.) Murdoch's New York Post hit back with a story that Edwards had made $800,000 from a coffee-table-book deal with HarperCollins, a News Corp. subsidiary. The advance was actually...
...romantic dreams on them. And there have been so many romantic duds, it's a risk they will take only for a great script. Kidman and Jackman were lured into Australia because it's co-written and directed by Baz Luhrmann, who's reputedly one of Fox honcho Rupert Murdoch's favorite filmmakers. Brad Pitt and Cate Blanchett were persuaded to do The Curious Case of Benjamin Button by its story of a man who ages backward and the woman he loves...
CLOSING When mainstream journalism goes tabloid (witness Rupert Murdoch's takeover of the Wall Street Journal), what's left for the old scandal sheets? The Weekly World News, paper of record for Elvis sightings and space-alien updates, lost nearly half its circulation between 2004 and 2006. The paper version will be killed this month, leaving just the website. In the end, WWN--which unearthed a lost sandal of Jesus in Central Park and an al-Qaeda plot to hijack Santa's sleigh-- failed to see the big picture: the turf of made-up news and celebs-gone...
...YORK CITY Rupert Murdoch wins bid for Dow Jones...