NEW YORK - New York Daily News publisher Mortimer Zuckerman has matched News Corp.'s $580 million offer to buy Newsday, raising the ante for one of the region's major dailies, even as the overall newspaper industry continues to shrink, reports said.The real-estate developer made the offer late Friday to buy the Melville, N.Y.-based newspaper from Tribune Co. after News Corp. Chairman Rupert Murdoch was reported Tuesday to have inked a deal to purchase the publication. News Corp. would own most of the company and Tribune would keep a stake of less than 5%, reports said. Zuckerman is expected argue to executives at debt-laden Tribune that his bid is superior because it can be completed faster and with less potential to fall into regulatory limbo, the New York Times reported.
Here is another interesting video. The description of the video:Outfoxed examines how media empires, led by Rupert Murdoch's Fox News, have been running a "race to the bottom" in television news. This film provides an in-depth look at Fox News and the dangers of ever-enlarging corporations taking control of the public's right to know.
Rupert Murdoch is trying to buy Newsday, further consolidating the media landscape, especially in New York City:
The purchase of Newsday from the Tribune Company would put Mr. Murdoch in control of 3 of the nation’s 10 largest-circulation papers (the others being The Journal and The New York Post). Owning Newsday, which is based on Long Island, would also open an eastern front in the long-running battle for New York tabloid supremacy and, by combining some operations, could allow News Corporation to end decades of heavy losses by The Post.
If the deal goes through, on top of owning three New York newspapers, Murdoch also would control two New York City television stations, WNYW and WWOR (both Fox affiliates). That means on a given day, one man would be able to reach 3,251,229 people per
Tribune Company is close to an agreement to sell Newsday to Rupert Murdoch's News Corp. for about $580 million. Murdoch will now control 3 of the major newspapers in New York, as he owns the Wall Street Journal and the New York Post.Here is another reason to stop reading newspapers and find your news on the web. How long before Newsday keeps confusing Barack Obama with Osama bin Laden?
Did a Rupert Murdoch company go too far and hire hackers to sabotage rivals and gain the top spot in the global pay-TV war? This is the question a jury will be facing in a spectacular five-year-old civil lawsuit that is finally being tried this month in California but which has, oddly, received little notice from U.S. media. The case involves a colorful cast of characters that includes former intelligence agents, Canadian TV pirates, Bulgarian and German hackers, stolen e-mails and the mysterious suicide of a Berlin hacker who had been courted by the Murdoch company not long before his death. On the hot spot is NDS Group, a UK-Israeli firm that makes smartcards for pay-TV systems like DirecTV. The company is a majority-owned subsidiary of Murdoch's News Corporation. The charges s
Australia. Two years masters scholarships are available at the School of Biological Sciences and Biotechnology. The Masters scholarships will provide a stipend of $A24,000 per year tax-free for up to 2 years (fees are also included but only for New Zealand and Australian citizens and permanent residents, otherwise international fees apply).
The successful candidates will join
World famous Chinese actress Zhang Ziyi is set to collaborate with
Wendy Deng, wife of News Corp. emperor Rupert Murdoch, in order to
establish a brand new film studio of her own.随机文章:Huang Shengyi co-starring Jean Reno for a Hollywood film 2008/03/13Actress Ryoko Hirosue divorces 2008/03/15Britney's Mother-Ly Role 2008/03/14Last Harry Potter book becomes 2 films 2008/03/14Emergency Crew Dispatched to Heather Locklear's House 2008/03/11收藏到:Del.icio.us
Homes of the famous and very wealthy are rarely seen by the public. Rupert Murdoch, head of Newscorp and one of the worlds wealthiest men, is no exception, but renovations to his Manhattan apartment have allowed a brief glimpse into his grand plans. According to a recent article in the New York Times, Murdochs triplex apartment on 834 Fifth Avenue is undergoing major renovations, and the work that is being undertaken is so big and expansive that it can actually be seen from the street.
Thanks to Progression of Faith for a link to this documentary about Fox News. It is something important to see for your Friday night movie. Here is the trailer. Scroll down and click 'watch film now'.It is no surprise that Fox is a propaganda tool for the Republican party. What I found disturbing is that other news sources will copy Fox on occasion (such as the irresponsible announcement that GW Bush won the 2000 election when it was clearly too close to call).The documentary features interviews with former Fox employees who were told what to report and how to report it. It is an eye-opener.The problem is not that Fox News has opinions. The problem is that it is all opinion, there is no line between news and commentary. Its genius is that it calls itself "Fair and Balanced."At the end of the film is a call for Americans, regardless of political affiliation, to get involved and speak out against irresponsible journalistic practices. My bank, First Tennessee, the tall bu
What do media empires have in common with feudal fiefdoms? Hereditary succession, apparently…James Murdoch, his father’s heir apparent, “is to take control of News Corporation’s operations in the UK, Europe, and Asia.
In the most disappointing aspect of this whole saga over Iran, Sarkozy and Merkel continue to back Bush and his insane rhetoric. Aren’t the Europeans supposed to be the voice of reason when the US goes off the deep end?
Bush is losing support even among military families.
Progressive fatwas on HIV/AIDS? One supports condom use for married couples where one partner has HIV, another supports use of charity money (from zakat) to help the sick.
At UN-sponsored talks on climate change in Bali, developing nations ask for aid to deal with floods and other natural disasters.
Can you fucking believe this! Cradle to the grave and all in between. Anyone want to revolt or are we too busy being conned? News Corp finds religion in Beliefnet By Joshua Chaffin in New York Published: December 5 2007 01:56 | Last update...
Read and post comments |
Send to a friend
Courtesy www.gettyimages.com
In what should be viewed with interest, as well as delight, by bloggers and main stream media corporations, Rupert Murdoch has announced plans to drop subscription fees for the Wall Street Journal online service according to www.nytimes.com. According to Associated Press sources Murdoch is simply “. . . trading subscription fees for anticipated ad revenue.” Congratulations are in order as another very large media entity is transitioning from traditional channels to the new and growing online delivery system.
1. Do you get what is happening in the American media landscape Mr. & Mrs. Realtor?
2. Do you understand that print media giants like Murdoch understand the breathe and reach of their online businesses?
3. Do you see that citizen journalists aka bloggers just like yourself can and will provide the inertia driving marketing and media to online channels and away from traditional formats in the near future?
4. Do you understand the effe
The three-day conference, which ends on Friday, focuses on the issues of social networking and creating new ways to communicate using the technologies and sources that internet provides. Rupert Murdoch, an Australian American global media executive and the controlling shareholder, chairman and managing director of News Corporation, based in New York, announces that his expectations about social networking were exceeded by the results they faced today. According to JORDAN ROBERTSON, AP Technology Writer’s article, Murdoch announces that:“We hoped it would do very well, but we never imagined it would do this well.”The prognoses are so much optimistic that DeWolfe and the co-founder Tom Anderson agree to have contacts with the company for 2 more years.According to the statistics the number of users of MySpace, after adding it to the ownership of Rupert Murdoch, has increased, and doubled from 90 million to 188 million.“This week, MySpace made a series of announcements signaling th
Pennsylvania Newspapers Pretend There is No Direction to Mecca
In September 2005, a half dozen different bloggers verified that a person facing into what was
originally called the Crescent of Embrace memorial to Flight 93 would
be facing almost exactly at Mecca. Some surrounding trees have been
added to the design, but the giant central crescent remains completely
intact in the Bowl of Embrace redesign:
With Tom Burnett Sr. condemning the crescent design and refusing to allow Tom Jr.’s name to be used,
there is now a big public controversy in western Pennsylvania over
whether the giant crescent really is oriented on Mecca. In response,
the Memorial Project has decided to deny that there is any such thing
as the direction to Mecca, and Pittsburgh’s two major newspapers are
both backing up this transparent falsehood.
Professor Daniel Griffith, who is serving as a consultant to the Memorial Project, told the Post Gazette that: “anything can point toward Mecca, because the earth is
So, Rupert Murdoch the millionaire media mogul that owns Fox News has just paid John Edwards $900,000.00 for his 2006 book called Home: The Blueprints of Our Lives. This is the same Fox News that John Edwards trashes constantly. And Murdoch has a history of using lucrative book deals to gain favor with politicians. Yet in spite of that not only is there no hesitation on the part of John Edwards to take Murdochs money (well John edwards IS a lawyer after all) but not a word from any of the other Democrat candidates about the hypocrisy of it. Evidently, this is one time they take to heart that saying about those in glass houses not throwing stones. ~RJH Houston Chronicle story link Murdoch surprises publishers by buying Edwards book McClatchy-Tribune In the world of big-time politics and publishing, the $900,000 deal that Democratic presidential candidate John Edwards got for his recent book was not extraordinary.What jumped out was the source of Edwards' paycheck conservative me
I've never really known just what rock Bill O'Reilly crawled out from under. All of a sudden here was this celebrity Fox News wingnut propagandist, seemingly materialized out of some old coke-euphoria dream of G. W. Bush. I had never even known the guy existed before. Which leads me to suspect that, much like Jonah Goldberg, this odd form of human life is manufactured, promoted and elevated by the corporate media empires that find their personalities so useful. There are actually many reasons why O'Reilly fills me with gleeful homicidal fantasies, but it can all be encapsulated by watching this snippet of his show where he treats a chapter president of Iraq Veterans Against The War with such callow and shallow disregard that I wanted to grab his scrawny rooster neck through the screen and pop his swollen head like a pimple. Of course, all of this is framed within the useful litany of lies that this boor espouses daily on behalf of the junta of thugs and criminals currently ruini
Despite objections from Wall Street, the Federal Reserve Bank held short-term interest rates steady yesterday.
China is threatening to liquidate U.S. Treasury holdings if Washington imposes trade sanctions to force a revaluation of the Chinese yuan. The U.S. and China have a long history of economic entanglement.
The Senate is on recess until September 4. Wouldn’t it be nice if everyone could go on holiday for the month of August?
Is Rupert Murdoch flexing his muscle at the Wall Street Journal already?
In Sports, Barry Bonds beat Hank Aaron’s home run record with his 756th career homer last night.
Officials are worried about the health and safety of millions who have been displaced by monsoon rains and flooding in India and South Asia.
The UN is planning to step up its presence in Baghdad, Iraq. Is the U.S. pushing for international involvement to justify its war efforts or will the international presence help iron out some of the kinks arising from anti-US/UK sentim
CNN Money scrive
Advertisers may not care that much about “editorial integrity” but they do care about eyeballs. If News Corp. alienates the core readers of the Journal, whom I suspect care more about stocks and bonds and less about politics and celebrity gossip, then Murdoch will have lots of angry News Corp. shareholders to deal with.
Economia, internet, murdoch, news corp, Pensieri, Wall Street Journal, wsjCondividi
Having written about this a few weeks ago, in an article that was referenced by Slate.com, it should come as no surprise to readers of this blog, that Rupert Murdoch has succeeded yet again in his quest to increase his media empire. It was announced officially this afternoon - see the WSJ article (may require a subscription) There is some concern about the various assets of Dow Jones & Co remaining neutral, if that is what they have been in the past. Perhaps they will even move farther to one side after a while. There is also talk of some of the assets being sold off to accelerate the recovery of the $5 billion paid by News Corp. Not every family member was happy with the deal but enough were willing to go along and for News Corp. that was good enough. There were symbolic resignations from the board, the Wall Street Journal, and other properties. Perhaps they should have waited as many received change of control additions to their contracts in June. (the picture for this blog is an
Check out the New York Times’ video story about Rupert Murdoch (you know, of NewsCorp/Fox News/etc.) and his apparently successful bid, at long last, to buy the Wall Street Journal. It’s newsnerdy, so deal with that.
The Wall Street Journal, of course, is one of the most respected newspapers in the world.
And here are images from some of the other holdings that Murdoch owns or owned:
Technorati tags: [
murdoch |
fox news |
wall street journal |
wsj
]
The latest company to fall under the control of Rupert Murdoch is Dow Jones & Co or more commonly know as Dow Jones.
Rupert Murdoch owns News Corporation, the massive media group which owns media companies such as Sky TV, The Sun Newspaper and the Myspace.com website.
Rupert Murdoch was experiencing some trouble with a controlling family, the Bancrofts, but they have now agreed to sell their controlling interest to Rupert Murdoch and so Rupert Murdoch will take control of Dow Jones.
The Bancroft family had owned 37% of Dow Jones, so it was essential for Rupert Murdoch to get their support and more importantly their stock.
What do you think about Rupert Murdoch taking over Dow Jones?
Does Rupert Murdoch have too much power in the media world?
Source
Written by Sam for Product ReviewsIn Sections: News, Business
Dicen que nunca muere una personalidad sin arrastrar a otras dos a la aventura definitiva. Se fue Ingmar Bergman y justo al día siguiente el famoso actor francés Michel Serrault y también el director Antonioni: volvió a cumplirse el dicho de que se mueren de tres en tres.
Pues hoy nos desayunamos con dos noticias paralelas en el ámbito de las grandes empresas de comunicación:
1. Rupert Murdoch (el magnate australiano de los media, un Ciudadano Kane de carne y hueso) compra la editorial Dow Jones, propietaria del periódico The Wall Street Journal por unos 5.000 millones de dólares USA
2. El grupo Vocento (propietario del diario ABC) compra Qué! por 132 millones de euros
Pregunta: ¿no estamos en los tiempos de la libre empresa, del principio de la competencia y por tanto en contra de cualquier forma de monopolio o abuso de posición de privilegio?
Que alguien nos lo explique entonces.
Compártelo
It looks like Ruppert got his prize, Dow Jones (DJ) and The Wall St. Journal. It has long been rumored that his FOX network will launch a 24 hour business station along the lines of CNBC. Having the Journal and it's assets in the fold, all but assures it's success and viewership.
If nothing else, Murdoch will give CNBC a run for it's money and the games will begin to see who he can poach from CNBC to his network. Off the top of my head I see Mark Haines, Joe Kernen and Michelle...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
New York, Aug 1 (DPA) Media baron Rupert Murdoch’s News Corp has won its $5-billion bid to buy the Wall Street Journal and the Dow Jones Company after key members of the controlling Bancroft family agreed to the deal following protracted negotiations, the Wall Street Journal reported.
(more…)
The Bancroft family, which controls Dow Jones & Co., "has accepted" News Corp.'s $5 billion offer to buy the publisher of the Wall Street Journal, an executive of a Dow Jones unit said on Tuesday. Read more: Bancroft family said to accept News Corp. offer for Dow JonesBalllllllllllllllllllllllllllerPhoto Cred and Source: International Herald Tribue
The Dow Jones company will be deciding Monday whether or not it will accept the unsolicited $5 billion buyout offer from Rupert Murdoch’s News Corp. This sale would transfer control of the Wall Street Journal, among other media assets, to a media empire most well-known for tabloid style journalism and sloppy reporting. It seems like a no-brainer for the company, but the high premium offered by Murdoch is making them take a second look. The bulk of this difficult decision rests with the Bancroft family, who collectively control 64% of the voting power within Dow Jones. It is time to let the Bancroft family know that we oppose the proposed sale.
Opposition is coming in from nearly all directions. Let’s pile on and tell Dow Jones and the Bancroft family where we stand. Please edit and send the letter below to Howard Hoffman in Corporate Communications. He can be reached via email at howard.hoffman@dowjones.com.
Bancroft Family and other Controlling Interests in the
Bill Moyers has a few thoughts to share about Rupert Murdoch's potential buyout of the Wall Street Journal and modern media in general. All of which I agree with.You can also read it here.H/T to TMV
On the Record - Murdoch's Role as Proprietor,., Journalist and Plans for Dow JonesExcerpt:"Rupert Murdoch, chairman and chief executive of News Corp., is in the midst of negotiations to purchase Dow Jones & Co., and its newspaper, The Wall Street Journal. Since his surprise $5 billion bid became public last month, it has touched off an intense debate over whether he will preserve the independence of the paper's news operations.On June 1, the 76-year-old, Australian-born media mogul sat down with two Wall Street Journal reporters at his New York office for more than 90 minutes, and discussed his bid and his plans should he acquire the Journal. He also answered a series of questions about his half-century career as a journalist and businessman, and how those two roles have affected the coverage decisions of his newspapers and other media outlets, from New York to China.During the course of the conversation, Mr. Murdoch expressed his views on a variety of other topics, including the
New York Times Urges Bancrofts to Shun MurdochExcerpt:"It admitted that it usually did not comment on the competition, but The New York Times in an editorial today urged the Bancroft family to reject Rupert Murdoch's bid for Dow Jones which would give him the Wall Street Journal."Frankly," the Times declared, "we hope the Bancrofts will find a way to continue producing their fine newspaper, or, failing that, find a buyer who is a safer bet to protect the newspaper for its readers."http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003596780&imw=YAlex
Murdoch denies bowing to Beijing - Financial TimesExcerpt:"Mr Murdoch, whose family has a controlling stake in the News Corp media empire, tackled the issue of his conduct in China as questions about it have become a rallying point for those seeking to derail his $5bn (£2.5bn) takeover bid for Dow Jones and its Wall Street Journal newspaper."http://www.ft.com/cms/s/ff6863de-0955-11dc-a349-000b5df10621.htmlAlex
When the Newscorp's (NWS) buyout offer for Dow Jones (DJ) broke, I was in the camp thinking the Murdoch deal would suceed given the hefty premium he was offering - in his words, "generous". But with seemingly solid opposition from both the Bancroft family and especially the Ottaway family, I've been having growing doubts as it is quite clear those families aren't so easily seduced by more money.
And we are not talking with envy here; yes the man who has everything is now pledging to turn his empire into a green organization.
The pledge in reality is to see the giant media empire which has a foothold in virtually every country in the world is set to reduce its carbon footprint from 641,150 tons a year to being carbon neutral by the year 2010, of course owning all those newspapers does not help, all that paper!
But this has to be good for us all, and maybe this is the way forward for many organizations, as this will show everyone which companies are conscious of their impact on the world and the people who are living in it.
The organization plans to place subtle content into the publications regarding global warming, as a way to try and encourage others to follow suit, this is an entirely unseal step for someone like Rupert Murdoch, who has planes and cars at his beckon call.
Source [Hippy Shopper]
beckon call, carbon footprint, carbon neutral, cars, conscious, Eco Friendly,
Murdoch on Owning The Wall Street Journal - New York TimesExcerpt:"He insists he won’t meddle in the journalism or slash-and-burn the staff. “We’re not coming in with a bunch of cost-cutters,” he said, but added: “I’m not saying it’s going to be a holiday camp for everybody.”"http://www.nytimes.com/2007/05/04/business/media/04murdoch.html?ei=5090&en=6c32ea528e10ac5f&ex=1335931200&adxnnl=1&partner=rssuserland&emc=rss&adxnnlx=1178294562-/pqfsTdduVyXDpYzFJOwqAAlex
An interesting read from the NY Times (click here) especially the desire on the part of Murdoch to allow the Bancroft family to sit on a special board with content oversight of the Journal. Murdoch is not asked whether he will sweeten the offer, but by citing union rep who thinks Murdoch will lift the $60 offer, I think the odds are about 60/40 that the bid is sweetened to seal the deal.
Rupert Murdoch's News Corp. offered to buy Dow Jones & Co. for $5 billion, but the deal, which would add The Wall Street Journal to Murdoch's global media empire, faces doubtful prospects since...
Jackie Ashley, writing in The Guardian, quotes a comment by Gordon Brown, who seems to have been sitting next to Rupert Murdoch at Davos:
“A few years ago the debate was about whether the media controlled politicians or whether politicians controlled the media. Now it is about how we are all responding to the explosive power of citizens, consumers and bloggers. The new focus on the environment is the result of that. The Make Poverty History campaign was the result of that. Citizens are flexing their muscles,” he said.
She goes on to say that the news and comment which comes from the internet and blogging is biased towards particular groups and lines of thought. This is, of course, true, but that does not make it different from the other media on which we have traditionally relied in the past for our information.
Make Poverty History was an alliance which brilliantly used the internet. But even it depended on the old-style glamour of rock stars, the old-fashioned force of ma
No sooner than making the comment that Tony Blair may have a £4 million book deal with Rupert Murdoch but pondering whether Murdoch will back Brown or Cameron, than it seems the plot has already thickened.
The Independent has an article saying that now Murdoch, the most powerful person on earth, may invite Little Tony Blair onto his board:
The media magnate Rupert Murdoch is expected to offer Tony Blair a senior role in his News Corporation empire when he stands down as Prime Minister
Some Blair allies insist that Mr Murdoch’s alleged influence over decisions affecting his business interests and Europe have been greatly exaggerated. But Lance Price, who was deputy to the Downing Street communications director Alastair Campbell, is not among them. He has described Mr Murdoch as “the 24th member of the Cabinet”, saying: “No big decision could ever be made inside No 10 without taking account of the likely reaction of three men - Gordon Brown, John Prescott and Ru
This is absolutely disgusting to throw all over myspace. Why can't we at least be blessed with a nation of hypochondriacs into herbal medicine?
I'm sorry, I believe that there are strange ailments and mental imbalances out there but I refuse to believe they are as widespread as we make them out to be in the United States and Canada (I can't really speak for anywhere else as I don't follow
Have you heard the latest to jump on the global warming bandwagon? No, it's not a singer or an actor or even a politician. It's none other than Rupert Murdoch, one of the faces of the "mainstream media" the blogosphere loves to complain about. Murdoch announced at Bill Clinton's Global Climate Initiative that News Corp. would become carbon neutral in an effort to curb global warming. Why the change of heart? Well, according to this article, it may have to do with his son James:
Signs suggest Murdoch's son James, presumable heir apparent since his brother Lachlan's resignation from News Corp. last year, may be influencing his father on this issue. This March, as CEO, of British satellite operator BSkyB, James spearheaded a carbon neutral policy for the company, setting a target to reduce corporate carbon dioxide emissions by 10% below 2002/2003 levels by 2010.
MySpace France opened their beta version on the web*. Un-translated US banners feebly try to animate an almost empty shell but you can count on Fox Interactive Media for tying a few knots with local media partners.In France, Murdoch's blog machine cannot leverage on a strong News Corp presence and worse, it will face a strong leader with a rather newscorpish look and feel : Skyblog sounds like a Sky branch and succesfully targets the illiterate. Yes, the global deal with Google can bring audience, but not substance... and especially not MySpace's trademark podcastable broadband-broadchested-six-pack-daily-mirrorish substance.MySpace France must be finalizing some partnerships with a cellco / M-VNO, and certainly with TV / radio channels. I don't expect Arte / France Culture executives to be shortening their holidays.* dial http://fr.myspace.com/ for Murdoch ; myspace.fr seems to be auctioned by its opportunist owner.
Since Sir Richard confessed in China,
Virgin Mobile
had to get specific today : "The Board of Virgin Mobile Holdings (UK) plc ("Virgin Mobile' or "the Company') confirms that it has received an approach from
NTL Incorporated
that may or may not lead to a formal offer being made for the Company."UK's leading cableco (after wolfing
Telewest
down) could help Virgin build a significant competitor to
BSkyB
, which had already been hunting for preys in the telecom sector (some game with a little more flesh than
OneTel
).NTL already purchased
Virgin.net
a few years ago. They need a brand and should offer more than their initial $1.4bn to please Virgin shareholders.From Branson's point of view, focusing on such core assets as branding or retailing could make sense. And this partnership should lead to other ones, even more devastating for the competition. The sooner the better : new M-VNOs are popping up across the world and Sir Richard is bound to harrass Sir Rupert the oth