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Mar 27, 2014

Media briefs: Lachlan’s denials … startups’ big names … imperial forces …

There's good news and bad news for digital startup media. The good news is they're hiring -- really! Now, if only they were profitable ... Plus other media tidbits of the day.

Not interested, he said. “No, I’ve moved on from that,” Lachlan Murdoch told The Australian Financial Review last June when asked when he’d return to News Corp. His friends agreed. “My sense is that Lachlan is very, very happy, very content doing what he is doing, that he is not in any rush to go back to News Corp,” James Packer told The Monthly a year before. “I would be very surprised if he returned to the business in an active role while his father was still active in the business,” added friend and financial adviser Simon Mordant.

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