The Wall Street Journal
Rupert Murdoch is buying a $28.8 million Los Angeles vineyard, reports The Wall Street Journal. And guess where the News Corp chairman first read about the property? Why, in the pages of the News Corp-owned Wall Street Journal.
“According to people familiar with the sale, Mr. Murdoch first learned about the vineyard from a story in The Wall Street Journal, reports The Wall Street Journal.
Guess Mr. Murdoch really does read the paper.
Yesterday, after news of Rupert Murdoch’s secret tapes dismissing the wiretapping scandal during a meeting with the staff of The Sun spread around the Internet, News Corp. released a statement in an attempt to minimize the news.
Mr. Murdoch “has shown understandable empathy with the staff and families affected and will assume they are innocent until and unless proven guilty,” the company said.
off the record
Rupert Murdoch’s decision to divorce Wendi Deng Murdoch makes official the long-rumored breakdown of their relationship.
But it was not always that way. Years ago, when I was invited to visit their imposing loft apartment, I was struck by the atmosphere of domestic bliss that the titanically powerful couple had created.
It didn’t feel much like winter.
It was balmy: 60 degrees and sunny. The holiday decorations felt out of place in the mild breeze. But the frost was creeping in—media winter (as foreshadowed in October by the fall of Newsweek) was in full swing by 9 a.m. on the first Monday in December.
First came the announcement that The Daily, Rupert Murdoch’s foray into iPad journalism, was being shuttered after less than two years and many millions of dollars. The news wasn’t wholly unexpected. A third of the staff had been laid off over the summer, and a sense of doom and gloom had hung over the ninth floor of News Corp. HQ ever since. It was a matter of when, not if, the tablet app would disband. But, as with any death watch, just because it’s expected doesn’t make it any less humbling.
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As one of the richest dogs in America, there are very few things that get me down. “Live every day like it’s actually seven days in human years” is my motto, so I try not to let the little stuff bother me. Someone forgot to put out beef tartare for my supper? That’s fine. Constantly Read More
Is it happening again?
The bad time went by many names: the meltdown … the shakeout … the reckoning … the death of print… or sometimes, simply, “trying to freelance.”
Old-timers can still remember it—how, amid the frozen winter of 2008, the corridors of once unshakable media empires ran red with ink as the insertion orders dried up and crumbled into dust. Aeron chairs grew wet with tears. Editors were cashiered, contract writers flung overboard like chum. Soon you could see them all over Midtown: the sleek black Town Cars sitting idle on cinder blocks, rusting in the bleak unforgiving sun.
It was terrifying. The death knell—a merciless, unrelenting Twitter feed titled “The Media Is Dying”—sounded on a daily basis, sometimes hourly. Staffers watched in fear as the ghouls of HR, fingernails dabbed in scarlet, inched ever closer.
Today’s, a special edition of Media Briefs: Things are not going well at The Daily today. We’ll be updating the news live, as it comes in. Here’s what’s happening:
off the record
Rupert Murdoch excused himself from his British newspaper interests, Chris Hayes attempts to distinguish MSNBC from Fox News, and the world loses one of its first and most fierce media critics to ever swing at the inside baseball. These are your Monday Morning Media Briefs:
THE CONTINUED ADVENTURES OF RUPERT MURDOCH ON TWITTER
As News Corp. shores up its print and television properties leading up to the company’s highly publicized split, its scrappy and beloved internal newswire Newscore has quietly gone dark, with at least 20 positions eliminated—and possibly more than twice that if cuts hit bureaus in London and Sydney.
Launched in 2009, Newscore collected and redistributed the news stories from News Corp.’s reporters in the U.S., U.K. and Australia, while racing rivals AP and Reuters on breaking news. Newscore CEO John Moody, a former Fox News executive, was reportedly inspired by a moment of synergy between Fox News and The Australian in covering Heath Ledger’s death.
News Corp. owner Rupert Murdoch sometimes thinks “out loud” on his Twitter feed, pondering recent news and issuing his own opinions. Today, while musing on the split between Tom Cruise and Katie Holmes, Mr. Murdoch dropped this doozy: