“When it comes to Money and power [Murdoch] is carnivorous all appetite and no taste. He’ll eat anything in his path. He hires lobbyists the way Imelda Marcos bought shoes. He stacks them in his cavernous closet along with his conscience.
“Rupert Murdoch has told the Bancrofts he’ll not meddle with reporting. But he’s accustomed to using journalism as a personal spittoon. His worst offense with Fox News is not even its baldly partisan agenda. Far worse is the travesty he’s made of its journalism. Fox News huffs and puffs, pontificates and proclaims, but does little serious original reporting.
“The problem isn’t just Rupert Murdoch. His pursuit of the Wall StreetJournal is the latest in a cascading series of mergers, buyouts and other financial legerdemain that is making a shipwreck of journalism. … Instead of checking pthe excesses of private and public power, these 21st-century barons of the First Amendment revel in them. The public be damned.” --Bill Moyers, Bill Moyers Journal
Saying "the public be damned" is an understatement, considering that the majority of the news the public is being fed is coming from less than a dozen hands. Realize, too, that those hands are doing that feeding all over the world.
Stop Big Media recently published Who Owns The Media?, a chart of the top six media-holding corporations. Murdoch's News Corp is fourth on that list with 2005 revenues at $23.9 billion. In my last post, I referred to Murdoch's portfolio looking like a bibliography; that was no exaggeration. Do take a few minutes to check the chart to see for yourself the media wealth News Corporation already has. Then add Dow Jones & Co. and The Wall Street Journal.
Source: Who Owns The Media?, Stop Big Media
Source: Timothy Karr, Bill Moyers Takes on Murdoch, free press (from Huffington Post)
Source: Bill Moyers Journal
» Rupert Murdoch Wants the Wall Street Journal, MySpace and More from MarketingBlurb
Rupert Murdoch, the media tycoon and man behind successes like Fox News, has a lengthy shopping list to build up the News Corp arsenal. According to an article on FT.com recently, Rupert Murdoch's growth plans go much deeper then the imm... [Read More]
Tracked on: July 7, 2007 7:54 PM | Permalink to Trackback