Murdoch biographers don’t ever get into this stuff, but the biggest threat to Rupert Murdoch’s control of News Corp was always his family. Sir Keith Murdoch left his son only 28 per cent of Cruden Investments, the holding company for the family’s holding in News Limited. Today the family holding is worth $US11.7 billion, but Rupert holds all of it. He’s done some peachy deals in his time, but none as good as the ones he did with his sisters. I wrote this 20 years ago, and it remains unexplored territory. (The super shares referred to here became News Corp’s limited-voting A stock.) Note the crazy suggestion in the intro that Murdoch at 62 was “in the last decade of his working life”. What was I thinking? It clearly speaks of inadequate levels of gin. Continue reading
In September 2007 I wrote about an unreported naval battle halfway between Sir Lanka and the Cocos Islands, which seemed a little mysterious. The Sri Lankan navy only had five offshore patrol boats. How did they know to amass sufficient force to intercept a four-ship Sea Tiger convoy 1100 kilometers from home? Their accurate intelligence suggested a US and possibly an Australian role. In any case, 18 months later the Tigers were finished as a fighting force. Continue reading
Rupert Murdoch’s tweets have an almost irresistible appeal. He’s indestructible. He shrugs off the hundreds of hostile slaps he gets for much of his Twitter feed, the same way he has ignored his critics for six decades. Like him or hate him you have to admit: he’s perky. And of course really wacky. The man who built the world’s most powerful media empire, and he thinks things like that? And hey, now he’s on Tumblr, doing kooky things all over the world!
There’s a rich vein of comedic material in @rupertmurdoch—probably a whole sitcom series. But that’s not the only way to read Rupert Murdoch on Twitter.
It’s a micro-blog, and his 750-odd Tweets provide snapshots for what’s on Murdoch’s mind.
More specifically, his Tweets are a record of the last person that Murdoch has been talking to—it just gets recycled and blurted out. The tweets are also an indicator, for journalists who work for the most famously interventionist media proprietor on the planet, of just what the boss might be thinking about.
Put those two things together and you may glimpse the process where people gain Rupert Murdoch’s ear, and how that message can be re-broadcast around the world. Continue reading
Kyle Sandilands are leaving Southern Cross-Austereo’s 2DayFM (let the grief be unconfined) to join Mix 106.5, apparently for altruistic reasons and a minimum of $1 million a year apiece.
Their time at 2DayFM had many features. Like this one, when they hooked up a 14-year-old girl to a lie detector in July 2009. To be clear here, the girl was accompanied by her mother, but clearly appeared an unwilling participant. She explicitly said she was afraid and that this was not fair. She was then asked about her personal sexual history, with the clear message that if she was not truthful she would be branded a liar. She said she was raped when she was 12 years old.
How committed is Rupert Murdoch to his children succeeding him to control News Corporation and 21st Century Fox? Seven years ago he agreed to give up the one successful big investment he has made in the last 17 years–his only success since launching Fox News in 1996. Walked away from it. But he wasn’t always so family minded… Continue reading
Just over an hour after Tony Abbott had given his victory speech on Saturday night, one of his warmest admirers joined the chorus of praise. In the process Rupert Murdoch cleared up some little confusion over where the editorial line at News Corp Australia newspapers might head after the election. Who would they target now?
There were some very solid suggestions from the executive chairman: Continue reading
How much power does Rupert Murdoch have over political leaders? Not a jot. Nary a skerrick. Not a sausage. Nada. Zippo. Rien du tout. Nuffink. None. Gedouttahere! Rupert who?
They all say so. Every single one. Well that’s a relief.
So how much power does he have over corporate leaders, who have the advantage that they don’t need to get re-elected by popular vote? Would he be able, say, to get Australia’s commercial television stations to refuse to run an anti-Murdoch ad days before an election? How implausible. Continue reading