Word: murdochs
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...Rupert Murdoch's unsolicited bid of $60 per share for the parent company of the Wall Street Journal was greeted as good news for the battered newspaper industry today. Companies across the sector saw their stocks rise...
From modest recants--Oprah Winfrey on James Frey, NBA commissioner David Stern on leather balls, Rupert Murdoch on global warming--to full-on ideological 180s, reappraisal is in the air. The view long held by social psychologists that people very rarely change their beliefs seems itself in need of revision...
Even before the rule, being an asshole could get you fired. It happened to Terrell Owens. And to Bobby Knight. Donald Rumsfeld got us mired in Iraq, but all the talk after his booting was about his sneering intransigence. Rupert Murdoch canned Judith Regan after her much booed O.J. Simpson memoir, but the publishing exec's rude behavior apparently sealed the deal. Sutton tells of law firms and Wall Street shops now purging their louts. As more corporations adopt codes of conduct that outlaw boorishness, we may see managers stapling the broken contract to the pink slip...
...Several European publishers are said to be clamoring to print the story in their respective territories. Murdoch's high-profile rejection has only made the book more attractive. (Imagine the cover blurb: "The book that Rupert Murdoch doesn't want you to read!") Indeed, soon after the cancellation, says the source, Simpson's camp asked Murdoch's representatives to surrender the rights earlier than the original deal stipulates so that Simpson can cash in overseas...
...both Simpson and Lorraine Brooke Associates, described by Goldman's lawyer as a "sham entity" formed to funnel the book's proceeds to the ex-football star. Goldman hopes not only to retrieve the $880,000 he says News Corp. paid Simpson as an advance, but he also wants Murdoch's company to give him all rights to If I Did It - print, audio and other peripheral sources of income from the project. "There was originally an indication they might be open to such an idea [turning all profits over to the victims' families]," says Goldman. "If they want...