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Old 07-08-2011, 05:04 AM   #16
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What a heart-warming piece of news.
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Old 07-08-2011, 05:47 AM   #17
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It is and it isn't. Everyone loves to see News Ltd trash get, well, trashed, but in isolation this move is all Advantage: Murdoch. He hasn't lost anything by trashing this brand. The good news is that everyone saw that straight away and read it exactly for what it was, and if anything, the heat has only increased because of it. If it was in part supposed to turn that heat down and deflect attention from others, that certainly hasn't worked. But it certainly handed him a golden opportunity to consolidate titles and staff in one extreme swoop, which was something he had already started doing incrementally. He's probably pretty pleased with that aspect and in all likelihood may not really give a flying fuck about anything else.

I think he'll keep Brooks there as long as possible as a target for and buffer between public/political/legal heat and anyone with the surname of 'Murdoch'. For now, she's on every front page, leading every bulletin, and he's probably pretty happy with that. If she goes right now, every new revelation and twist and turn will then be aimed squarely at the next up the line - James Murdoch. Not going to happen. I mean, there are going to be inquiries and commissions and whatnot - she'll be the one to go in there as the face and 'head' and take all the bullets. No Murdoch will go anywhere near any of that.

Also, David Cameron and the conservatives have testicles the size of sultanas. Not surprising, I suppose.
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Old 07-08-2011, 06:32 AM   #18
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Yeah I think it's egregious to say the Murdoch empire is in "crisis".
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Old 07-08-2011, 08:47 AM   #19
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The potential worst case scenario for him would be a crisis, but it's highly unlikely it would get to that. That would be something like him undeniably having completely (and genuinely) lost his considerable political influence in the UK, not winning his bid to take over all of BSkyB, having James Murdoch facing charges, and having this stench stretch to other News Ltd titles either for real (more revelations or allegations pointing to the Sun or something) or just via the extension of public outrage. I'd say there's only a very small chance of one of the four happening, and just one would be a disaster for him. All four would be a full-blown major crisis, but it's not going to happen (unfortunately.)
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Old 07-08-2011, 08:52 AM   #20
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Even if all that happened he still has tonnes (literally) of money.
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Old 07-08-2011, 09:23 AM   #21
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Yes, and globally, it doesn't effect him at all, in that it doesn't have any impact directly on his US or Australian operations. But the UK is where he has the most reach and real power, kind of the case study in what he'd love to have elsewhere. (Take his level of influence in Australia and the US and multiply it by infinity.)

His newspapers - like all print media - are a shadow of what they used to be, profit/circulation wise, and any further hit will really put them in a truly bad spot (it was the still large circulation and still profitable trashy News of the World that subsidised the 'serious' and quite good, but massive loss making Times. If the Sun suffered a huge hit too...) And everything he has tried online (either in the US or UK, whether its pay walls or MySpace or his iPad daily) has thus far not gone anywhere near as well as expected, or flat out turned to shit. There's a hell of a lot of the future growth of News Corp in the UK riding on him getting control of Sky. If he can't have that, then that + newspaper slide + loss of political power = seriously, seriously diminished News Corp in the UK.

That would have a huge impact on the overall global picture, the total News Corp size and profitability, if not actually impacting other operations (or the fact that he's fuckin' loaded.) And the latest news is that if one of these inquiries finds him to not be a 'fit and proper' owner of Sky, he may not only not get to buy up the remaining 70% he's after, but may have to disinvest the shares he already has. If so, News Corp UK = fucked, pretty much. All highly unlikely, but not completely outside of possible.
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Old 07-08-2011, 09:30 AM   #22
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I wonder if Fox News US is hacking Obama related phones

It would be a shame to lose the only fair and balanced news channel
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Old 07-08-2011, 09:38 AM   #23
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No chance. Underhand sourcing of information happens all the time within serious journalism, but is thought of as being okay when it's about investigating secretive individuals or organisations for what should or would be genuinely in the public interest. It goes wrong here because it's being used simply to gather profit driving gossip. Fox News engages in neither the serious or the trivial. No 'journalism' and nothing 'investigative', whether relating to genuine public interest or trashy gossip. Fox News only does spin and commentary on other peoples work. Or to look at it another way - they don't need to hack the White House phones when they can so successfully get away with just making shit up.
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Old 07-08-2011, 09:49 AM   #24
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Yes they can just make shit up, but I'm sure they would relish the thought of doing it if they could
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Old 07-08-2011, 06:05 PM   #25
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YouTube - ‪Sky News - NOTW - Exclusive audio of Rebekah Brooks meeting with staff‬‏
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Old 07-09-2011, 12:33 AM   #26
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Earnie you'll get a kick out of this. I know a bloke who works at the Herald Sun doing technical stuff and he said that one Tuesday night last year their computers shit themselves. They had a massive meltdown. It was looking increasingly likely that there would be no Herald Sun on the Wednesday, for the first time in history. They were apparently FIVE MINUTES away from ringing Rupert on his personal phone and telling him that there would be no paper.

They got a secondary system running enough to get power back and then restored the main system and the paper went out as per usual, but fuck me. Imagine being the person who had to ring Rupert and tell him there would be no paper the following day. You'd just resign in the same breath.
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Old 07-09-2011, 01:00 AM   #27
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Quote:
Originally Posted by Earnie Shavers View Post
The potential worst case scenario for him would be a crisis, but it's highly unlikely it would get to that. That would be something like him undeniably having completely (and genuinely) lost his considerable political influence in the UK, not winning his bid to take over all of BSkyB, having James Murdoch facing charges, and having this stench stretch to other News Ltd titles either for real (more revelations or allegations pointing to the Sun or something) or just via the extension of public outrage. I'd say there's only a very small chance of one of the four happening, and just one would be a disaster for him. All four would be a full-blown major crisis, but it's not going to happen (unfortunately.)

The way I see it at this point is that political forces that are traditionally opposed are allying to defeat a common enemy. The establishment right have never liked the influence of Murdoch on British cultural and political life, particularly as regards his pro-republican sentiments. The left wing are allying to the establishment right for tactical reasons.
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Old 07-09-2011, 01:02 AM   #28
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You'd just resign in the same breath.
Why?
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Old 07-09-2011, 01:12 AM   #29
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Originally Posted by Earnie Shavers View Post
The potential worst case scenario for him would be a crisis, but it's highly unlikely it would get to that. That would be something like him undeniably having completely (and genuinely) lost his considerable political influence in the UK, not winning his bid to take over all of BSkyB, having James Murdoch facing charges, and having this stench stretch to other News Ltd titles either for real (more revelations or allegations pointing to the Sun or something) or just via the extension of public outrage. I'd say there's only a very small chance of one of the four happening, and just one would be a disaster for him. All four would be a full-blown major crisis, but it's not going to happen (unfortunately.)
Good analysis, but I disagree with your metrics and conclusion.

Of your four points, one is now possible. Two is a racing certainty. Three is highly possible. Four is probable.

Things are changing by the hour, but it's looking as though in the UK, they've already written off NI & Murdoch. They are now using the scandals to get at the next target, the PM.
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Old 07-09-2011, 01:29 AM   #30
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Originally Posted by financeguy

Why?
I'm being a bit jovial, but Would you feel comfortable calling Rupert Fucking Murdoch to tell him there's gonna be no paper?
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