news-corporation

Rupert Murdoch's Magazine Disaster

Ryan Tate · 03/04/09 07:20AM

The Wall Street Journal's magazine WSJ. was the glossy linchpin of Rupert Murdoch's plan to grow his beloved newspaper's revenue. But instead of minting money like the New York Times' T, it's shriveling.

Rupert Murdoch's Other Expensive Hobby

Ryan Tate · 02/05/09 09:32PM

The Wall Street Journal will never be such a toy to Rupert Murdoch as the mogul's cash-bleeding, score-settling New York Post. But at the moment it does seem an indulgence.

How Rupert Murdoch's Man-Eating Wife Controls Him

Ryan Tate · 11/30/08 10:01PM

For the most part, Rupert Murdoch courts controversy. "He likes to set the house on fire and watch all the fire engines drive maniacally down the road," Michael Wolff writes in a biography of the News Corporation chairman. But he's touchy about his third wife, Wendi Deng, nearly 40 years his junior. He was upset when the Wall Street Journal decided to profile her in 2000. And he is suspected to be behind the spiking of a Fortune contributor's Deng profile for an Australian newspaper chain he partly owned at the time, and the subsequent sanitization of Deng's Wikipedia entry. So Murdoch can't be tickled that Wolff says Deng has him by the short wires, according to the Times' new review of Wolff's Murdoch bio:

Sarah Palin To Be Offered TV Show

Ryan Tate · 10/24/08 01:39AM

Face it, Sarah Palin is now a fixture among the East Coast elite whether she wins or loses Nov. 4. The Republican vice presidential nominee has lodged herself like some kind of tumor in the media psyche. Saturday Night Live is quite lucratively obsessed with her, as are newspapers, magazines, websites, the list goes on basically forever. And now, says the Hollywood Reporter, "producers and agents across the entertainment world" want her to star in a daytime talk show, news program or reality TV series, at least in between her attempts to rule the free world.

Rupert Murdoch Lashes Out At Crafty Biographer

Ryan Tate · 10/23/08 05:04AM

If it wasn't inevitable from the get-go that Rupert Murdoch would, via tentacles that touch every distribution channel and medium, obtain an advance copy of Michael Wolff's biography of him, it certainly became so when the book landed in the hands of the News Corporation chairman's son-in-law Matthew Freud. Freud got it from a London newspaper negotiating serialization rights, Murdoch got it from Freud, and Wolff soon heard from Murdoch, the Times reported this morning: "[The book] contains some extremely damaging misstatements of fact," he emailed, thus playing into Wolff's hands, as he seems to have done from the beginning.

Fickle Rupert Murdoch Gets Cozy With Palin

Ryan Tate · 09/25/08 02:53AM

Rupert Murdoch seems to have transferred his politician crush from Barack Obama to Sarah Palin. His tentative support for Palin (and her obscure running mate) on the financial meltdown tonight evolved into a "quite chummy" run-in at a charity gala for the Manhattan media elites Palin claims not to care about. Murdoch gave Palin a pat on the back and said "thank you very much" as Palin left the gala, while Palin wore the "radiant smile" of not caring, according to a media pool report summarized by Politico. And to think that just four months ago Murdoch called Obama a "rock star." What happened?

WSJ Excited To Exploit Financial Catastrophe

Ryan Tate · 09/17/08 09:24PM

It's the nature of the media business to take profits from the suffering of others, and coverage of the recent financial meltdown is no exception, helping to drive online traffic and (no doubt) newsstand sales. But the Wall Street Journal should be more discreet about its gloating, particularly given the newspaper will soon eject 50 of its own staff into the economic wilderness now home to the likes of Lehman Brothers. At least one Journal staffer was none too pleased to see an internal news item today headlined "Market Turmoil Provides Hook to Sell U.S. Journal in London." (It's reprinted in full after the jump.)