Wut?
Labels: 2016 elections, crackpots, Hillary Clinton, LGBT rights, News Corp, Rupert Murdoch, teabaggers, WUT
Labels: 2016 elections, crackpots, Hillary Clinton, LGBT rights, News Corp, Rupert Murdoch, teabaggers, WUT
Rupert Murdoch strikes again.
Labels: assholery, Bill Clinton, Chelsea Clinton, Fox News, Hillary Clinton, New York Post, News Corp, Rupert Murdoch
Labels: crackpots, Fox News, Guiness Beer, News Corp, Rupert Murdoch, St. Patrick's Day, Tea Party, teabaggers
Via the New York Daily News:
Media mogul Rupert Murdoch lost his Upper East Side penthouse in his divorce, but he’s found an even bigger bachelor pad downtown. Murdoch just plunked down $57.25 million to own the top four floors at One Madison Park, the slender, 60-story glass tower on E. 23rd St., reports The News’ real estate editor Matt Chaban. The purchase price for the owner of the down-market tabloid New York Post makes the residence the most expensive property ever below 57th St. Murdoch’s new “quadruplex” sprawls more than 10,000 square feet — that’s 2,000 square feet larger than the triplex at tony 834 Fifth Ave., which now belongs to Deng after the demise of her 14-year union with Murdoch. The Murdoch penthouse has a spiral staircase and wide-open living areas, all wrapped by floor-to-ceiling glass, but beyond that, the space is raw, giving Murdoch control over the final look of his glass tower. The Aussie media mogul’s apartment is actually a combination of a triplex, which originally was on the market for $50 million, and the 57th-floor unit below, which was asking $16.5 million.
Labels: Fox News, News Corp, NYC, Rupert Murdoch
Business Insider has the story:
The latest News Corp press release says that The Daily, its standalone daily iPad newspaper, will "cease standalone publication". The newspaper had a high profile launch in February 2011, but had apparently struggled to pay its way — recent reports suggested the losses were looking like $30 million a year, and rumors that Rupert Murdoch would kill the publication have been around since at least early summer.
Labels: iPad, News Corp, Rupert Murdoch
Labels: Fox News, News Corp, NY Post, NYC, Rupert Murdoch, tabloids, Tea Party, teabaggers, wingnuts
"The Wall Street Journal has been publishing op-eds from 10 Romney Campaign advisers without disclosing the writers' campaign role."
Labels: journalism, Media Matters, News Corp, Rupert Murdoch
The FBI has launched an investigation into Fox News parent News Corp, looking for evidence that the rightwing news organization may have hacked into the cell phones of 9/11 victims and family members. The inquiry apparently comes at the demand of wingnut Rep. Peter King (R-NY). The FBI has declined to comment on the investigation. According to the British press, Murdoch's organization asked a private detective to hack into the voice mail archives of UK citizens killed at the World Trade Center.Labels: 9/11, FBI, News Corp, Rupert Murdoch, scandal
Six year's ago Rupert Murdoch's News Corp purchased MySpace for $580M. Yesterday the floundering site was sold for a mere $35M. The sale closes a complex chapter in the history of the Internet and of the News Corporation, which was widely envied by other media companies when it acquired MySpace in 2005. At that time, MySpace was the world’s fastest-growing social network, with 20 million unique visitors each month in the United States. That figure soon soared to 70 million, but the network could not keep pace with Facebook, which overtook MySpace two years ago. As users fled MySpace, so, too, did advertisers. The market research firm eMarketer estimates that the site will earn about $183 million in worldwide ad revenue this year, down from $605 million at its peak, when the site introduced many Web users and many advertisers to the concept of social networking.
Labels: internet, MySpace, News Corp
News Corp is reportedly putting MySpace up for sale after cutting staff by 50% this week. If there are no immediately takers, the site is expected to shut down by June. This will come as a shock to millions who thought MySpace was already gone. The site lost $100M in the fiscal year that ended last June.Labels: internet, MySpace, News Corp, social media