News Corporation has been rocked by the latest phone hacking disclosure that its UK Sunday tabloid the News of the World was responsible in 2002 for hacking into the mobile phone of the murdered British teenager Milly Dowler and even, possibly, obstructing police investigations by deleting voicemail messages, when it was considered possible she might…
The power and vulnerability of Rupert Murdoch
This has been a big, bumpy month for the Rupert Murdoch-controlled News Corporation, marked by: UK Government approval to acquire the 61% of pay tv operator BskyB he does not already own Sale of the once mighty (but now loss-making) My Space social network site for $35m just six years after it was bought for…
UK dailies pay future price for a glorious past
Britons are proud of their national newspapers, even those who no longer read one. The country, whose pioneering railway network helped to create a host of newspapers that reached all parts of the kingdom by breakfast, can’t shake off its love affair with newsprint. Or can it? The fact is that the UK’s 11 paid-for…
Gina Rinehart may soon be world’s richest person – and is into media
Australians frequently refer to their nation’s “two speed” economy, which emphasises the commodities boom that has kept recession away for 20 years and counting. It also helps to explain the rising importance of the mining economies of Western Australia and Queensland in a country long dominated by the ‘old’ south eastern cities of Sydney and Melbourne,…
Who said print media was dead?
Let’s get it straight: newspapers and magazines will not be killed off by online media. But there will certainly be some deaths. Many titles will eventually close, many more will have to accept much lower levels of profitability, but some traditional publishers will be able to create substantial digital businesses, quite different from their existing…
