The man who lost $550 million when he bought and sold MySpace is chasing the younger, edgier crowd again. This time, Rupert Murdoch has purchased a 5% stake in Vice Media for $70 million. And this time, we think he’s got a winner!
James Murdoch has stepped down as Executive Chairman of News Corp to “focus” on his position as Deputy Chief Operating Officer of the same company. When kitchens get hot, people get the hell out. Click though for the full statement by News Corporation.
Rupert Murdoch, his son, James, and former News Of The World Editor, Rebekah Brooks, are set to face a grilling by the British Parliament’s Culture Committee this afternoon. And it would be advisable for you to tune in, because you might be a witness to the end of Rupert Murdoch, and his de facto control over the greater British Media – a position that he has held for the last 30 years.
Mail & Guardian editor, Nic Dawes, appeared via phone call on 2oceansVibe Radio‘s Morning Meeting to discuss the potential unraveling of international media tycoon, Rupert Murdoch, and his multi-billion dollar News Corp empire, amid reports of phone tapping conducted by The News Of The World, a British tabloid in the News Corp stable. The reports […]
In the wake of the news that Rupert Murdoch’s News Corp has declared that “Myspace is a problem” and has given the beleaguered social networking site months to sort itself out, we take a look at the reasons why the original posterchild of Web 2.0 is dying.