Fox News continues to lose viewers, but remains highly profitable. How can a network lose viewers, but increase profits? The answer is that Fox News demands the highest licensing fee from carriers in all of cable news. All subscribers pay an additional seventy eight cents a month to have Fox News carried on their system. This was an 11% increase in 2011 and one of the main reasons why Fox News can lose viewers, but set a record for profits. Even if you never watch Fox News, as long as it is carried by your cable or satellite system,
News Corp. honcho Rupert Murdoch threw his weight behind Congress’ attempt to restrict the Internet, personally lobbying leaders on Capitol Hill Wednesday for two measures that purport to combat piracy. Murdoch’s media empire is among some 350 large corporations that have come out in favor of the Stop Online Piracy Act in the House, as well as theProtect IP Act in the Senate. Both measures would require Internet operators to police activity online, and would mandate Internet giants like Google and AOL (the parent company of The Huffington Post and an opponent of the bills) and credit card companies to take down
I enjoy HarperOne’s publishing, but as I have stated before, I am not a fan of Zondervan because of the bible thing. I don’t like bible publishers owned by the likes of Murdoch. Now, Thomas Nelson will join that group as well: HarperCollins Publishers today announced that it has entered into a definitive agreement to acquire Thomas Nelson, Inc. for an undisclosed sum. The acquisition, which is expected to close by the end of the calendar year, is subject to regulatory clearances and other customary closing conditions. Thomas Nelson is one of the leading trade publishers in the United States.
So, Jonnie when to the market today and bought a pie. He threw the pie at Rupert Murdoch. And tweeted about it beforehand. A protester attacked News Corp. Chief Executive Rupert Murdoch with what appeared to be a plate of shaving cream at a British parliamentary committee hearing Tuesday, as lawmakers grilled Murdoch and his son James over a phone-hacking scandal that has swept Britain. Of course, I tend to think like this person: U might think its clever what youve done buts its taken heat off Murdoch. You’re a moron and deserve to be charged Related articles
I have written about this before, noting that unlike Thomas Nelson and Tyndale, Zondervan is owned by News Corp. Now, with the breaking news that News Corp’s British unit has been found to have broken numerous laws and with the prospect that it may have happened in the States, I think it is time to re-examine the issue of Zondervan and Christian support of that publishing unit. Most people know now that Rupert Murdoch presides over the News Corp media empire, and that he is fighting for his reputation after being forced to sink his scandal-laiden British newspaper News
Instead, Rick Warren claims him, his wife is a Catholic, and he is a Papal Knight of the Order of St. Gregory. Yet, he says, Asked if there is any truth to recent press describing his newfound piety, Murdoch replies: “No. They say I’m a born again Christian and a Catholic convert and so on. I’m certainly a practicing Christian, I go to church quite a bit but not every Sunday and I tend to go to Catholic church — because my wife is Catholic, I have not formally converted. And I get increasingly disenchanted with the C of
For the background see here which compares Murdoch and what is going on with the hacking of a dead girl’s phone (among others), the British Parliament and the such to the fall of Richard M. Nixon. Then, on to the good news: Media conglomerate News International said Thursday it is shutting down the News of the World tabloid, the newspaper at the center of a British phone-hacking scandal. James Murdoch, who heads the newspaper’s European operations, said the 168-year-old newspaper will publish its last edition Sunday. The scandal has cost the paper prestige and prompted dozens of companies to