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...Britain's Independent newspaper, visited the offices of the rival Guardian last year, he was asked why he wanted to buy a struggling paper. The Independent sells only around 100,000 copies in the U.K. on a typical weekday, trailing London's four other quality dailies - the Daily Telegraph, Rupert Murdoch's Times of London, the Financial Times and the Guardian - and consistently loses about $15 million a year. Lebedev, whose first experience in London was as a KGB agent in the 1980s, offered a characteristically enigmatic response: "Well, either I am a Russian...

Author: /time Magazine | Title: Can a Former KGB Agent Save London's Independent? | 3/27/2010 | See Source »

...will generate publicity and, it is expected, oversee a repositioning of the title toward the center ground currently held by the Times of London. But battling with Murdoch, and indeed vying with the rest of London's ultra-competitive Fleet Street, is not for the fainthearted. (See pictures of Rupert Murdoch...

Author: /time Magazine | Title: Can a Former KGB Agent Save London's Independent? | 3/27/2010 | See Source »

...gamble. With 22 actors, it has a much larger cast than the typical play. It has numerous sets, a handful of musical numbers and three lurking, red-eyed velociraptors to represent Enron's hidden debt, among other props. The play has gotten rave reviews in London, and the director Rupert Goold, who is staying with the Broadway production, won London's Evening Standard award for best director. But the producers decided to replace the cast when they brought the play to New York. All that has driven up the budget for the play, which will probably cost about...

Author: /time Magazine | Title: Will Enron Play on Broadway? | 3/25/2010 | See Source »

...gran capo's business interests (which also include publishing, real estate and financial holdings beyond the core television company). Indeed, critics say that Mediaset has relied on favorable legislation in its recent efforts to undercut the Sky Italia satellite TV network set up by Berlusconi's rival, Rupert Murdoch. (Read "Berlusconi vs. Murdoch: Italy's Real Reality...

Author: /time Magazine | Title: Berlusconi vs. Google: Will Italy Censor YouTube? | 1/22/2010 | See Source »

...business continues to struggle across the country - the owners of the Denver Post have just become the 13th newspaper company in as many months to announce their filing for bankruptcy protection - many newspapers are trying to figure out ways of cauterizing the losses. Charging for content is a favorite; Rupert Murdoch has announced he will do the same for all his newspaper companies in the near future...

Author: /time Magazine | Title: The New York Times to Gingerly Charge for Website | 1/20/2010 | See Source »

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