Yesterday Rupert Murdoch had a big day. He sacked the editor of the Wall Street Journal and he almost finalised a deal to buy Newsday. All in a day’s work for the world’s hungriest media owner, writes Crikey publisher Eric Beecher.
Wall Street Journal
My Wall Street Journal: We distort. You decide
A parody of The Wall Street Journal on US newsstands this week to mark the April 15 tax deadline dubbed ‘My Wall Street Journal’ has pissed off News Corp executives so much that Wall Street Journal reps are running around town buying up copies to prevent people from seeing them.
Centro trading halt has investors fearing the worst
Centro’s trading halt is just part of the extraordinary global credit crunch which saw some more remarkable developments over night, writes Stephen Mayne.
Fox Business Channel gets ready for lift-off
It’s all hands to the panic stations at Sky News and at The Australian as the launch date for the Australian version of the Fox Business Channel approaches, writes Glenn Dyer.
Rupert drops to 10%, imposes kids on shareholders
There has been a truckload of commentary in the non-Murdoch press about James Murdoch’s ascension to the third most senior position at News Corporation, but one little explored angle is the role of Lachlan Murdoch and Australia, writes Stephen Mayne.
Game on – the campaign to end Rupert’s News Corp gerrymander
It’s game on for one of the biggest shareholder activism campaigns Australia has seen and News Corp’s Rupert Murdoch is in the frame.
Exclusive: SEC forces Rupert to run shareholder vote on gerrymander
The dubious system which sees almost 70% of News Corp shares stripped of voting rights will be put to the test at this year’s October AGM in New York after the US Securities and Exchange Commission rejected Rupert’s objections to my shareholder resolution, writes Stephen Mayne.
Rupert talks WSJ, MySpace, and $$$
Yesterday saw News Corp report to the people about how the company is travelling. Here are some of Rupert’s thoughts.
Bill Clinton takes on the WSJ: crazier than Fox
In a weekend conversation with wealthy supporters that was closed to reporters, Bill Clinton was asked about Rupert Murdoch’s takeover of The Wall Street Journal, writes Huffington Post blogger Blake Fleetwood.
Murdoch and the WSJ, some further reading
So it’s not unreasonable to assume that Murdoch was forced to pay somewhere between $760 million and $1.22 billion more for Dow Jones just because of his reputation.
Your Say: Daily Mail readers' feedback: Crikey says, 3 August 2007
Can Rupert Murdoch change his spots as proprietor of the Wall Street Journal? What do you think …
Murdoch’s WSJ buyout: snubbing the snobs
Why shouldn’t Rupert Murdoch own the Wall Street Journal? Why should we be worried by the idea?
Murdoch: putting a Fox up Wall Street
What do you think of News Corp.’s deal to buy Dow Jones? That was the question posed on the Wall Street Journal’s blog yesterday. More than 600 replies later the verdict of the internet readers was clear.
Buying The Wall Street Journal
Murdoch’s latest aquisition made headlines across the world.
Bancrofts “dragged kicking and screaming” to Murdoch’s victory
What Wall Street Journal journos are saying. And is it wise?
Lying for Rupert: all in a day’s work
One trusts The Wall Street Journal’s Bancroft family has been reassured about News Corp’s corporate character by official confirmation that lying for Rupert’s commercial interests is perfectly acceptable behaviour. Now where’s that promise about maintaining editorial integrity…
Never mind the WSJ, what about The Simpsons?
If the 35 members of the Bancroft family have been concerned that selling their beloved Wall Street Journal to Rupert Murdoch will negate the newspaper’s integrity, they need look no further than The Simpsons to put their minds at ease.
Will MacBank’s remuneration report be overwhelmingly endorsed again?
Macquarie Bank shares are up another $1.80 to $88.80 today as the lines get drawn for what should be a fascinating showdown about executive pay at its annual meeting in Sydney on 19 July.
More deck chair shuffling as the AFR raids the Oz
In a major revenge raid, The AFR has poached The Australian’s recently deposed business editor Andrew White to edit its Rear Window gossip column.
As Rupert fiddles with his ego, News Corp hits 10-month low
News Corp shares tumbled another 27c to a a 10-month low of $26.98 this morning as the market frets with each passing day that Rupert Murdoch gets closer to reaching his ultimate empire-building dream of acquiring Dow Jones and The Wall Street Journal.
Murdoch waiting for the Bancrofts
Rupert Murdoch says his long term ambition of owning the Wall Street Journal is just about done and dusted. All that’s needed now is the approval of the controlling family; an approval that will come in two weeks, three weeks, or never.
Rupert Street Journal looks a done deal
The skinny is that Rupert Murdoch’s News Corporation has reached an “in principle” deal with negotiators from Dow Jones that would ensure the editorial independence of The Wall Street Journal. And then there’s China, Wendi and the Grim Reaper.
