Australian press baron Rupert Murdoch has been a busy man on the American media landscape, launching Fox News and the Weekly Standard, and scooping up the New York Post, the Wall Street Journal, TV stations, and next up, maybe New York's Newsday or your local paper. He also owns HarperCollins, 20th Century Fox, and MySpace.
At a time when the news business is in trouble, Murdoch is shaping what we read and watch. In a big way. Too big, some say.
Listen to an On Point conversation about Rupert Murdoch's big stamp on the American news media.
Have you seen the changes in the Wall Street Journal since Murdoch took over? Good or bad? And how much is too much when it comes to media concentrated in the hands of Rupert Murdoch?
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On Point Webmaster
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April 10, 2007 Rupert Murdoch's Media Plays
April 30, 2008 10:45 AM EDT
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Comments: 10
And yes that is a bad thing.
But if you have something between your ears, you can know the truth.
Sir Rupert? Please!
Murdoch is in negotiations to buy Newsday, a failing LI newspaper. I hope he does, because Long Island needs a dose of balanced reporting, instead of the dinosaur liberalism dressed up in new packaging. My only problem is which paper do I buy, if he does buy Newsday? They sell both papers in my area, just outside of the NYC border, on LI.
Having said that - around the nation newspaper circulation falls an average of 3% a year - except for Murdoch's owned daily's where sales are on the rise. That speaks volumes.
I look at my hometown newspaper, The Minneapolis StarTribune. It is considered the most liberal in the country and its circulation is falling faster than all others. You would think the publisher would realize it is bad business to align a newspaper with the values of only 5% of the market.
In the past, people bought and read newspapers that held them and their values in contempt because there were no alternatives. Now with the internet and Murdoch, there are.
Rupert Murdoch is no rocket scientist but he is savy enough to market to the 50% of consumers who have traditionally been held in contempt by the major media.
He does not run a "news" organization. He runs a self-serving media empire.