Kim Williams has walked from the nation's most powerful media post, putting a print and company loyalist back in charge at News Corp Australia. Williams was on borrowed time according to insiders.
The cream of the crop of management consulting firms used to be McKinsey. But the recent alumni of the firm have had a less than sparkling record of late.
The family is getting out of newspapers in the United States, leaving rich philanthropists to redefine what big-city newspapers are. So what will the media charitable causes in Australia do?
Murdoch favourite Col Allan has been parachuted in to boost News Corp's tabloid readership, particularly its Sunday editions. How will local editors take to that?
James Packer is right to slam Macquarie Group CEO Nicholas Moore for a series of poor business decisions. Print media, as the investors should know by now, doesn't pay.
The Chinese market was down 0.6% yesterday with Japan down 1.14%. Japanese CPI is due out today. Rudd said overnight that China was experiencing "somewhat of a credit crunch".
James Packer and Lachlan Murdoch dance on the grave of Fairfax while its newspapers fail to properly scrutinise their power and influence. The recent story of Fairfax is one of independence cut short.
Poor disclosure habits are emerging in Australian business and there is depressingly little media scrutiny of it.
Whitehaven Coal has announced that a group has commenced proceedings in the Federal Court against the company and the Federal Minister for the Environment.
News Corp chairman Rupert Murdoch has responded to a leaked recording on the phone-hacking and bribery cases in Britain in letters to the Home Affairs Committee and Culture, Media and Sport Select Committee.
