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Tag Archives: Rupert Murdoch

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Rupert Murdoch’s empire receives $882m tax rebate from Australia

17 Monday Feb 2014

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Australia, AUSTRALIA MURDOCH, Media 📷, Murdoch, Politics 💼 🗳 🪖, Rupert Murdoch, Television 📺, tv

 

http://gu.com/p/3mz2c

Posted by The Template News, Current Affairs and Sport Website | Filed under Asia 🌐, Financial 💷 💲 🏦, International News, Media 📷

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Sky ‘fit and proper’ to hold broadcast licences, Ofcom rules

20 Thursday Sep 2012

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Media 📷, Murdoch, Ofcom, Ofcom and Sky, Politics 💼 🗳 🪖, Rupert Murdoch, Sky, Sky News

In a ruling on Thursday, Ofcom said: “In July 2011, in light of the public debate about phone hacking and other allegations, Ofcom confirmed that it had a duty to consider whether Sky was fit and proper to continue to hold its broadcast licences.

“Ofcom considers that, on the evidence currently available and having taken into account all the relevant factors, Sky is fit and proper to hold its broadcast licences.”

Ofcom said, however, that “should further evidence become available” it may review the issue. Criminal investigations into phone hacking continue and several court cases involving senior executives from News International are pending.

However, the conduct of James Murdoch, who resigned as chairman of BSkyB in April (but remains a non-executive director) and has also relinquished his role at the UK newspaper group, was questionable, Ofcom concluded.

The regulator said: “Ofcom considers on the basis of the evidence available to date… James Murdoch’s conduct in relation to events at NGN [the newspaper group] repeatedly fell short of the conduct to be expected of him as a chief executive officer and chairman.

“However, Ofcom considers that the evidence available to date does not provide a reasonable basis to conclude that James Murdoch deliberately engaged in any wrongdoing.”

While acknowledging that many of the circumstances over phone hacking were outside of Mr Murdoch’s control or unknown to him, Ofcom criticises severely his failure to make himself aware of the deepening scandal.

“We consider James Murdoch’s conduct, including his failure to initiate action on his own account on a number of occasions, to be both difficult to comprehend and ill-judged.

“We consider that the events… raise questions regarding James Murdoch’s competence in the handling of these matters, and his attitude towards the possibility of wrongdoing in the companies for which he was responsible,” Ofcom said.

The regulator said that Mr Murdoch’s non-executive role on the BSkyB board did not impact on its “fit and proper” test, because there were other “experienced individuals who would be expected to be capable of exercising effective independent oversight”.

Ofcom continued: “We recognise that whether it is appropriate for James Murdoch to be a director in light of the events is a matter for the board and shareholders of Sky.”

Posted by The Template News, Current Affairs and Sport Website | Filed under Analysis 🙌, Financial 💷 💲 🏦, Media 📷, Politics 💼 🗳 🪖, Television 📺, UK

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Rupert Murdoch at the Leveson Inquiry

26 Thursday Apr 2012

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Distant Echoes, Leveson Inquiry, Media 📷, Murdoch, Nayab Chohan, NayabChohan, NayabChohanLIVE, Politics 💼 🗳 🪖, Rupert Murdoch, Sky, Sky News, Television 📺, Template News

ANALYSIS

Yesterday, he described Gordon Brown as ‘unbalanced’, someone who had declared war on News Corporation in reponse to The Sun switching its support from Labour to David Cameron’s Conservatives.

Today, Rupert Murdoch admitted that he had missed the ‘cover-up’ at the News of the World, a newspaper he also said should have been closed down long ago.

When asked who the buck stopped with at all his newspapers, he replied the Editor, he, Rupert Murdoch, had of course overall responsibility, however he had delegated.

If the 81-year-old the standing of the media mogul had suffered from the phone hacking scandal, then his appearance today and yesterday at the Royal Courts of Justice may have gone someway to recovering any lost ground.

Great power is best exercised when it is understated, especially when it is exposed before the glare of the media spotlight.

And that is exactly what the world saw, as arguably one of the most powerful men in the world explained how he did not intefere in the running of his newspapers, content or welfare of staff and how he closed the NoW after revelations that the phone of tragic schoolgirl Milly Dowler had been hacked. He said he “could feel the blast coming in the window, almost”, as soon as the story broke.

All this will of course make the headlines, however what was perhaps more telling was how he viewed the future of the newspaper industry in the midst of the current electronic revolution.

He gave newspapers another ten years, this from a man for whom running a newspaper is clearly a passion.

How would the new media make money, well the Huffington Post was getting millions of hits but was struggling to make anything.

There are bloggers out there whose work can reach any where.

Work can be pilfered and then put out there with little or no respect for intellectual property rights.

If this was some else talking, then it could be dismissed as yet another world view, however here is the owner of The Sun (as well as Sunday), The Times and The Sunday Times admitting that he could not see a long term future for the newspaper industry.

https://nayabchohan.com/2012/02/29/1366/

https://nayabchohan.com/2011/07/15/the-murdoch-saga-continues/

https://nayabchohan.com/2011/07/12/gordon-brown-and-the-sun-newspaper/

Posted by The Template News, Current Affairs and Sport Website | Filed under Analysis 🙌, Asia 🌐, Comment, Media 📷, Politics 💼 🗳 🪖, Television 📺, UK

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James Murdoch at the Leveson Inquiry

24 Tuesday Apr 2012

Posted by The Template News, Current Affairs and Sport Website in Analysis 🙌, Comment, Media 📷, Politics 💼 🗳 🪖

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Leveson Inquiry, Murdoch, Rupert Murdoch

ANALYSIS

James Murdoch – and his father as a consequence – has come in for a barrage of criticism over his handling of the whole phone hacking saga which at one point appeared to be on the verge of bringing to an end the British operation of the Murdoch Media Empire.

So, as the young Murdoch sat in front of a white screen  today to answer questions about the affair which began in the publics eyes with the hacking of the voice mails of the missing school girl, the hauntingly tragic  Milly Dowler, he cut a rather apologetic figure.

Clearly not at ease with the line of questioning or even being called to account for his actions, he denied any knowledge of an e-mail which claimed phone hacking was rife at the News of the World, the Sunday Tabloid that was closed down as a result of the public fury about that intrusion into the grief of the Dowler family.

He did this on oath before Lord Justice Leveson.

James Murdoch also denied he was involved in a corporate cover-up, blaming senior executives for not  telling him of what was really going in the newsroom of the News of the World.

On that last part, at the very least, he is right – the Murdochs do not interfere in the content of their publications or how they find their stories, they don’t need to – every executive is hired for how similar they are to the way in which they think to the head of this global media empire, namely Rupert Murdoch.

As for how the stories are found, the buck stops with the Editor.

By common consent, the 39-year-old James Murdoch is no longer the force he once was, his star is no longer on the rise, he has suffered from a lack of experience on the ground floor.

Perhaps, he should have been thrown into the newspaper world doing the rounds before rising so quickly to be head of News International, a position he resigned from in February.

There’s nothing like the school of hard knocks, to toughen up anyone who wants to make it in this often harsh world.

James Murdoch also said that it was News Corporation’s long-held ambition to get hold of the remaining shares of BSkyB, what the Murdoch’s intend to do with newspapers they own he did not say, although another thing that has also emerged from the Leveson Inquiry is the decline of the newspaper industry as a whole, something that frankly can be seen by the content that passes off as political, international or general reporting in newspapers generally.

Here is an arena where to show intelligence is frowned upon, and where too much time – in terms of hours allocated to reporters – is spent on gossip and side issues with the result that coverage is generally superficial.

Newspapers should be here to inform their readers, especially now when major reforms are occurring in education, health and welfare at a time when the government is warning that austerity cuts have not even begun. And on the world stage, major confrontations are looming with Iran and China, as well as a financial crisis in Europe which has engulfed every member of the Euro-zone and whose long-term consequence could affect this country’s standing in the world.

If, and when this is covered in newspapers over here, it is through the peculiar prism of a very narrow news agenda in a language that few actually understand.

What’s more newspapers have shown themselves to be very resistant to changes that are clearly occurring in front of them, namely people as they become more confident in their use of the internet can ignore them as a source of news.

Perhaps, Murdoch was in part responsible for this decline.

However, that eighty-one-year-old Australian did not own all of the publications whose daily headlines remind us how out of touch they are with events over here and further.

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Murdoch comes out of the Shadows

19 Tuesday Jul 2011

Tags

Entertainment 🎬, Media 📷, Murdoch, Politics 💼 🗳 🪖, Rupert Murdoch

Polarising figure no more?

An eighty-year-old man appeared before a parliamentary committee earlier today to answer questions about how the organistation that he ran had managed to hack into the phones of so many people, including that of the dead schoolgirl Milly Dowler.

No he was not to blame, he said, he had been let down by the people he had trusted.

And he was very, very sorry for the harm that had been caused.

This was, he said, the worst day of his life.

As you watched this giant of the media world being humbled by a parliamentary process of country that was not of his birth, somehow you were aware that you would never look Rupert Murdoch in the same way ever again. Great Power is only great when it is behind in the shadows, when it is exposed to the sunlight it can wilt, that was the lesson that America had taken from the attacks on 9/11, namely that she had ceased to be a great power and in a sense she is still attempting to recover back that position to this day.

We may never look at Rupert Murdoch in the same way again, whether that is a bad thing remains to be seen.

Posted by The Template News, Current Affairs and Sport Website | Filed under Analysis 🙌, Comment, Media 📷, Politics 💼 🗳 🪖, Television 📺, UK

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The News of the World

08 Friday Jul 2011

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Media 📷, Murdoch, news of the world, Politics 💼 🗳 🪖, Radio 🎙, Rupert Murdoch, Television 📺

Rupert Murdoch should not be blinded by an emotional attachment to a small and declining part of his empire. Those were the last words to a Lex column in the Financial Times yesterday.  The piece was of course referring to the News of the World, which was part of a newspaper division – that included The Sun and other profitable tittles in the US and Australia – that contributed only 13 percent to News Corp’s 2010 operating profits.

The piece began with the claim that News Corp was in a BP-style mess and accompanied a frontpage that carried the headline ‘Murdoch investors take fright’ – Brooks (Rebekah) backed over NoW, Fears for BSkyB bid, News Corp shares fall.

As the phone hacking scandal escalated yesterday, following the revelation that voice messages that had been hacked into included those of murdered British school girl Milly Dowler, were the closing words to that Lex column still ringing in Rupert Murdoch’ s ears when he decided to close down a title he had bought in 1969?

Posted by The Template News, Current Affairs and Sport Website | Filed under Analysis 🙌, Comment, Financial 💷 💲 🏦, Media 📷, Politics 💼 🗳 🪖, UK

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