My Thread about News Corp: The Potential Fallout

Oct 8, 2009
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So, everyone seems very enthusiastic (and with good reason) to see Murdoch and his empire destroyed.

I wondered what exactly the impact of destroying that empire would be. Firstly, we need to know what exactly this 'News Corp' is... what does it own, and where does it own it. So, here:

Television:

Networks: Fox, MyNetworkTV. In the United States, News Corp. owns 27 television stations.

Cable: Fox Business Channel, Fox Movie Channel, Fox News Channel, Fox College Sports, Fox Regional Sports Networks (16 owned and operated), Fox Sports En Espanol, Fox Sports Net, Fox Soccer Channel, Fox Reality, Premier Media Group (Australia 50%), Premium Movie Partnership (Australia 20%), Cine Canal (Latin America 23%), Telecine (Latin America 13%), FUEL TV, FX, FX HD, National Geographic Channel (US 67% and Worldwide 52%), National Geographic Channel HD, SPEED Channel, SPEED HD, Big Ten Network & Big Ten Network HD (49%), Premier Media Group (Australia 50%).

Production and Distribution Companies: Fox Television Studios, Fox Home Entertainment, 20th Century Fox Television, 20th Television, Regency Television (50%).

Satellite Television: Fox International owns 120 channels around the world.

Europe: SKY Italia includes Sky Sport, Sky Calcio, Sky Cinema, Sky TG 24, Premiere AG (25%). British Sky Broadcasting (39%) includes Sky News, Sky Sports, Sky Travel, Sky One, Sky Movies, Artsworld. News Corp. also owns Balkan News Corporation.

Latin America:LAPTV (33%), Telecine (13%).

Asia: STAR Channels, Space TV (India DBS 20%), Phoenix Satellite Television (18%), Hathway Cable and Datacom (22%), China Network Systems (17 affiliated cable systems), Vijay, Xing Kong Channel , ESPN Star Sports (50%), ANTV (20%), TATA Sky (20%).

Australia & New Zealand: Sky Network Television Limited (44%), FOXTEL (25%).

Programming: Fox Sports, Special Report with Brit Hume, Fox Report with Shepard Smith, On the Record With Greta Van Susteren, Fox News Sunday, The O’Reilly Factor, Fox Pan American Sports (38%).

Publishing:

Magazines: Barron’s, SmartMoney (50%), Big League, InsideOut, donna hay, News America Marketing (In-Store, FSI (SmartSource), SmartSource iGroup, News Marketing Canada), Alpha, The Weekly Standard, The Weekend Australian Magazine, sundaymagazine, body + soul, STM (WA), home, TVGuide, News Magazine (Australia).

Newspapers:
Australia/Asia: More than 150 titles including: The Wall Street Journal Asia, the Fiji Times, Daily Telegraph, Nai Lalakai, Shanti Dut, Gold Coast Bulletin, Herald Sun, Newsphotos, Newspix, Newstext, NT News, Papua New Guinea Post-Courier (63%), Sunday Herald Sun, Sunday Mail, Sunday Tasmanian, Sunday Times, Sunday Territorian, The Advertiser, The Australian, The Courier-Mail, The Mercury, News Limited, The Sunday Mail, The Sunday Telegraph, Weekly Times, The Weekend Australian, MX, Brisbane News, Northern Territory News, Cumberland (NSW), Leader (VIC), Quest (QLD), Messenger (SA), Community (WA), Darwin Sun/Palmerson Sun (NT).

United Kingdom: Now defunct News of the World, The Sun, The Sunday Times, The Times, News International.

United States: Newspaper holdings include the Wall Street Journal, the New York Post, MarketWatch and Dow Jones Newswire; News Corp. also acquired the Ottoway group of community newspapers through its takeover of Dow Jones in 2007.

Books: HarperCollins Publishers.

Film:

Production and Distribution: Fox Film Entertainment: 20th Century Fox Film Corporation, Fox 2000 Pictures, 20th Century Fox Espanol, 20th Century Fox Home Entertainment, 20th Century Fox Licensing and Merchandising, 20th Century Fox International, Fox Atomic, Blue Sky Studios, Fox Searchlight Pictures, Fox Music, Fox Studios Australia, Fox Studios Baja (Latin America), Canal Fox (Latin America), Balaji Telefilms (26%, Asia), 20th Century Fox Animation.

Online:

Fox Interactive Media manages Fox’s online holdings, which include MySpace.com, Scout.com (a college sports site), ign.com (Internet gaming), Simply Hired (an online job search site), FoxSports.com, Fox News.com, Fox.com, Intermix, IGN.com, IGN.com.au, NYPost.com, MSN.Foxsports.com, WeeklyStandard.com, Broadsystem.com, NewsOptimus.co.uk, NewsOutdoor.com, RottenTomatoes, Fox.com, AmericanIdol.com, MarketWatch.com, Photobucket.com, Hulu.com (45%), jamster.com (51%), askmen.com, whatifsports.com, ksolo.com, springwidgets.com, flecktor.com milkround.com, nds.com, newsoutdoor.com, wsj.com, dowjones.com, barrons.com.

News Corp. also owns News Digital Media (a group of Australian Web sites). Mobile Web sites include Fox Business and Fox News. Fox is also now offering a mobile entertainment package called Mobizzo on Cingular and T-Mobile phones.

Other:

Outdoor advertising: News Outdoor.

Sports: National Rugby League.

Europe: NDS (72%), News Outdoor Group.

Misc.: Fox Sports Enterprises, National Advertising Partners, Media Support Services Limited (Russia), STATS LLC (50%).

Source: Ownership Chart: The Big Six | Free Press


Ok. So that's quite a substantial company. From there, what else would we need to consider:

How many people would lose their jobs if News Corp was destoyed?
How many supply chain jobs would be lost?
How much revenue would be lost?
How much tax money would be lost? (Bear in mind that each of their employees pays tax somewhere)
How many countries would that affect?

There are a few more questions, but I'm kind of hoping that people will think logically before running off at the mouth about destroying this 'evil' corporation. Think. Preferably critically, instead of partisanly.
 
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What makes you believe that these companies would disappear?

What makes you think they won't?

If I'm gonna destroy an individual, I like to consider the blowback. We're in a recession. Newspapers are particularly vulnerable. Other media companies are struggling. Fox is not just Fox News. You bring down Fox News... fine.... what about the rest of the Fox Network? What about the potential losses there? I like rational thought over hysterical ranting.
 
other companies will come in and replace or these companies will be sold either way no net loss to the economy infact the increased compition will be good for the economy, did you not notice the size oif that list does it not concern you?
 
What makes you believe that these companies would disappear?

What makes you think they won't?

If I'm gonna destroy an individual, I like to consider the blowback. We're in a recession. Newspapers are particularly vulnerable. Other media companies are struggling. Fox is not just Fox News. You bring down Fox News... fine.... what about the rest of the Fox Network? What about the potential losses there? I like rational thought over hysterical ranting.

Great thread!

Good points.

It all goes to what's failed in the past.

When the yacht industry was demonized by the politicians, a lot of non-yacht owners were out of work. A lot of industries took a hit.

When "big oil" is demonized, a lot of oil rigs stopped producing, and floating rigs floated off to other countries that had far fewer environmental rules. And, what we see are thousands of Americans out of work, gas prices spiking, and our importation of foreign oil from countries that hate us going up instead of down.

Now it's the "corporate jet set" that's being demonized. There are many more thousand jobs at stake, along with an industry that's already being fought by our own government for wanting to be productive in a state where the dependable left-wing workers aren't predominant.

In another forum, a rabidly anti-Murdoch poster was stating as if a fact that Murdoch pretty much orchestrated all the illegalities and immoral acts attributed, (if you go by evidence rendered,) to reporters who work for a company Murdoch oversees. Then, when the English paper, News of the World folded, he was ranting about how horrible Murdoch is for the loss of those newspaper jobs!

It's pretty hard to debate with such people who can't take a moment to try to see whether personal opinion and hate have clouded their judgment. The poster is still on a bender over Murdoch, and has just joined, here. He hides behind the fact that he's supposedly in Australia, so that gives him a special interest and insight into Murdoch.

I'm still going to wait for a jury to decide things, rather than depending on the people who shout the loudest, or shut out the truth.

Thanks for making a couple more people think about the consequences to a mad mob mentality.

T.
 
other companies will come in and replace or these companies will be sold either way no net loss to the economy infact the increased compition will be good for the economy, did you not notice the size oif that list does it not concern you?

That's true. But think about it.

What happens where union contracts are voided? The returning new-hires are brought on for fewer dollars. They get fewer benefits.

There is absolutely a demand for what Fox news, (for one,) puts out. As well as as many of the other businesses I might be aware of. So they will end up going on.

But the people who work for them, producing what Americans, (just to temporarily ignore the foreigners, since I don't know their situations,) will be paid less, work harder, get less health or retirement benefits, and therefore be paying fewer taxes, and loading up the systems like Medicare at a higher rate than we've seen if things go on the way they are, with only real criminals being taken out of circulation, instead of entire businesses.

T.
 
What makes you believe that these companies would disappear?

What makes you think they won't?

If I'm gonna destroy an individual, I like to consider the blowback. We're in a recession. Newspapers are particularly vulnerable. Other media companies are struggling. Fox is not just Fox News. You bring down Fox News... fine.... what about the rest of the Fox Network? What about the potential losses there? I like rational thought over hysterical ranting.
Because Murdoch isn't an idiot, like you seem to think! He will sell whatever he has - not let it collapse and go away.

You don't think there are companies who would LOVE to buy all of those holdings???
 
So, everyone seems very enthusiastic (and with good reason) to see Murdoch and his empire destroyed.

I wondered what exactly the impact of destroying that empire would be. Firstly, we need to know what exactly this 'News Corp' is... what does it own, and where does it own it. So, here:

Television:

Networks: Fox, MyNetworkTV. In the United States, News Corp. owns 27 television stations.

Cable: Fox Business Channel, Fox Movie Channel, Fox News Channel, Fox College Sports, Fox Regional Sports Networks (16 owned and operated), Fox Sports En Espanol, Fox Sports Net, Fox Soccer Channel, Fox Reality, Premier Media Group (Australia 50%), Premium Movie Partnership (Australia 20%), Cine Canal (Latin America 23%), Telecine (Latin America 13%), FUEL TV, FX, FX HD, National Geographic Channel (US 67% and Worldwide 52%), National Geographic Channel HD, SPEED Channel, SPEED HD, Big Ten Network & Big Ten Network HD (49%), Premier Media Group (Australia 50%).

Production and Distribution Companies: Fox Television Studios, Fox Home Entertainment, 20th Century Fox Television, 20th Television, Regency Television (50%).

Satellite Television: Fox International owns 120 channels around the world.

Europe: SKY Italia includes Sky Sport, Sky Calcio, Sky Cinema, Sky TG 24, Premiere AG (25%). British Sky Broadcasting (39%) includes Sky News, Sky Sports, Sky Travel, Sky One, Sky Movies, Artsworld. News Corp. also owns Balkan News Corporation.

Latin America:LAPTV (33%), Telecine (13%).

Asia: STAR Channels, Space TV (India DBS 20%), Phoenix Satellite Television (18%), Hathway Cable and Datacom (22%), China Network Systems (17 affiliated cable systems), Vijay, Xing Kong Channel , ESPN Star Sports (50%), ANTV (20%), TATA Sky (20%).

Australia & New Zealand: Sky Network Television Limited (44%), FOXTEL (25%).

Programming: Fox Sports, Special Report with Brit Hume, Fox Report with Shepard Smith, On the Record With Greta Van Susteren, Fox News Sunday, The O’Reilly Factor, Fox Pan American Sports (38%).

Publishing:

Magazines: Barron’s, SmartMoney (50%), Big League, InsideOut, donna hay, News America Marketing (In-Store, FSI (SmartSource), SmartSource iGroup, News Marketing Canada), Alpha, The Weekly Standard, The Weekend Australian Magazine, sundaymagazine, body + soul, STM (WA), home, TVGuide, News Magazine (Australia).

Newspapers:
Australia/Asia: More than 150 titles including: The Wall Street Journal Asia, the Fiji Times, Daily Telegraph, Nai Lalakai, Shanti Dut, Gold Coast Bulletin, Herald Sun, Newsphotos, Newspix, Newstext, NT News, Papua New Guinea Post-Courier (63%), Sunday Herald Sun, Sunday Mail, Sunday Tasmanian, Sunday Times, Sunday Territorian, The Advertiser, The Australian, The Courier-Mail, The Mercury, News Limited, The Sunday Mail, The Sunday Telegraph, Weekly Times, The Weekend Australian, MX, Brisbane News, Northern Territory News, Cumberland (NSW), Leader (VIC), Quest (QLD), Messenger (SA), Community (WA), Darwin Sun/Palmerson Sun (NT).

United Kingdom: Now defunct News of the World, The Sun, The Sunday Times, The Times, News International.

United States: Newspaper holdings include the Wall Street Journal, the New York Post, MarketWatch and Dow Jones Newswire; News Corp. also acquired the Ottoway group of community newspapers through its takeover of Dow Jones in 2007.

Books: HarperCollins Publishers.

Film:

Production and Distribution: Fox Film Entertainment: 20th Century Fox Film Corporation, Fox 2000 Pictures, 20th Century Fox Espanol, 20th Century Fox Home Entertainment, 20th Century Fox Licensing and Merchandising, 20th Century Fox International, Fox Atomic, Blue Sky Studios, Fox Searchlight Pictures, Fox Music, Fox Studios Australia, Fox Studios Baja (Latin America), Canal Fox (Latin America), Balaji Telefilms (26%, Asia), 20th Century Fox Animation.

Online:

Fox Interactive Media manages Fox’s online holdings, which include MySpace.com, Scout.com (a college sports site), ign.com (Internet gaming), Simply Hired (an online job search site), FoxSports.com, Fox News.com, Fox.com, Intermix, IGN.com, IGN.com.au, NYPost.com, MSN.Foxsports.com, WeeklyStandard.com, Broadsystem.com, NewsOptimus.co.uk, NewsOutdoor.com, RottenTomatoes, Fox.com, AmericanIdol.com, MarketWatch.com, Photobucket.com, Hulu.com (45%), jamster.com (51%), askmen.com, whatifsports.com, ksolo.com, springwidgets.com, flecktor.com milkround.com, nds.com, newsoutdoor.com, wsj.com, dowjones.com, barrons.com.

News Corp. also owns News Digital Media (a group of Australian Web sites). Mobile Web sites include Fox Business and Fox News. Fox is also now offering a mobile entertainment package called Mobizzo on Cingular and T-Mobile phones.

Other:

Outdoor advertising: News Outdoor.

Sports: National Rugby League.

Europe: NDS (72%), News Outdoor Group.

Misc.: Fox Sports Enterprises, National Advertising Partners, Media Support Services Limited (Russia), STATS LLC (50%).

Source: Ownership Chart: The Big Six | Free Press


Ok. So that's quite a substantial company. From there, what else would we need to consider:

How many people would lose their jobs if News Corp was destoyed?
How many supply chain jobs would be lost?
How much revenue would be lost?
How much tax money would be lost? (Bear in mind that each of their employees pays tax somewhere)
How many countries would that affect?

There are a few more questions, but I'm kind of hoping that people will think logically before running off at the mouth about destroying this 'evil' corporation. Think. Preferably critically, instead of partisanly.

i don't think anyone has issue with his film holdings and sports holdings, etc. He should just be out of the propaganda business. And his "news" holdings should be supervised to make sure they actually learn journalistic standards.
 
So, everyone seems very enthusiastic (and with good reason) to see Murdoch and his empire destroyed.

I wondered what exactly the impact of destroying that empire would be. Firstly, we need to know what exactly this 'News Corp' is... what does it own, and where does it own it. So, here:

Television:

Networks: Fox, MyNetworkTV. In the United States, News Corp. owns 27 television stations.

Cable: Fox Business Channel, Fox Movie Channel, Fox News Channel, Fox College Sports, Fox Regional Sports Networks (16 owned and operated), Fox Sports En Espanol, Fox Sports Net, Fox Soccer Channel, Fox Reality, Premier Media Group (Australia 50%), Premium Movie Partnership (Australia 20%), Cine Canal (Latin America 23%), Telecine (Latin America 13%), FUEL TV, FX, FX HD, National Geographic Channel (US 67% and Worldwide 52%), National Geographic Channel HD, SPEED Channel, SPEED HD, Big Ten Network & Big Ten Network HD (49%), Premier Media Group (Australia 50%).

Production and Distribution Companies: Fox Television Studios, Fox Home Entertainment, 20th Century Fox Television, 20th Television, Regency Television (50%).

Satellite Television: Fox International owns 120 channels around the world.

Europe: SKY Italia includes Sky Sport, Sky Calcio, Sky Cinema, Sky TG 24, Premiere AG (25%). British Sky Broadcasting (39%) includes Sky News, Sky Sports, Sky Travel, Sky One, Sky Movies, Artsworld. News Corp. also owns Balkan News Corporation.

Latin America:LAPTV (33%), Telecine (13%).

Asia: STAR Channels, Space TV (India DBS 20%), Phoenix Satellite Television (18%), Hathway Cable and Datacom (22%), China Network Systems (17 affiliated cable systems), Vijay, Xing Kong Channel , ESPN Star Sports (50%), ANTV (20%), TATA Sky (20%).

Australia & New Zealand: Sky Network Television Limited (44%), FOXTEL (25%).

Programming: Fox Sports, Special Report with Brit Hume, Fox Report with Shepard Smith, On the Record With Greta Van Susteren, Fox News Sunday, The O’Reilly Factor, Fox Pan American Sports (38%).

Publishing:

Magazines: Barron’s, SmartMoney (50%), Big League, InsideOut, donna hay, News America Marketing (In-Store, FSI (SmartSource), SmartSource iGroup, News Marketing Canada), Alpha, The Weekly Standard, The Weekend Australian Magazine, sundaymagazine, body + soul, STM (WA), home, TVGuide, News Magazine (Australia).

Newspapers:
Australia/Asia: More than 150 titles including: The Wall Street Journal Asia, the Fiji Times, Daily Telegraph, Nai Lalakai, Shanti Dut, Gold Coast Bulletin, Herald Sun, Newsphotos, Newspix, Newstext, NT News, Papua New Guinea Post-Courier (63%), Sunday Herald Sun, Sunday Mail, Sunday Tasmanian, Sunday Times, Sunday Territorian, The Advertiser, The Australian, The Courier-Mail, The Mercury, News Limited, The Sunday Mail, The Sunday Telegraph, Weekly Times, The Weekend Australian, MX, Brisbane News, Northern Territory News, Cumberland (NSW), Leader (VIC), Quest (QLD), Messenger (SA), Community (WA), Darwin Sun/Palmerson Sun (NT).

United Kingdom: Now defunct News of the World, The Sun, The Sunday Times, The Times, News International.

United States: Newspaper holdings include the Wall Street Journal, the New York Post, MarketWatch and Dow Jones Newswire; News Corp. also acquired the Ottoway group of community newspapers through its takeover of Dow Jones in 2007.

Books: HarperCollins Publishers.

Film:

Production and Distribution: Fox Film Entertainment: 20th Century Fox Film Corporation, Fox 2000 Pictures, 20th Century Fox Espanol, 20th Century Fox Home Entertainment, 20th Century Fox Licensing and Merchandising, 20th Century Fox International, Fox Atomic, Blue Sky Studios, Fox Searchlight Pictures, Fox Music, Fox Studios Australia, Fox Studios Baja (Latin America), Canal Fox (Latin America), Balaji Telefilms (26%, Asia), 20th Century Fox Animation.

Online:

Fox Interactive Media manages Fox’s online holdings, which include MySpace.com, Scout.com (a college sports site), ign.com (Internet gaming), Simply Hired (an online job search site), FoxSports.com, Fox News.com, Fox.com, Intermix, IGN.com, IGN.com.au, NYPost.com, MSN.Foxsports.com, WeeklyStandard.com, Broadsystem.com, NewsOptimus.co.uk, NewsOutdoor.com, RottenTomatoes, Fox.com, AmericanIdol.com, MarketWatch.com, Photobucket.com, Hulu.com (45%), jamster.com (51%), askmen.com, whatifsports.com, ksolo.com, springwidgets.com, flecktor.com milkround.com, nds.com, newsoutdoor.com, wsj.com, dowjones.com, barrons.com.

News Corp. also owns News Digital Media (a group of Australian Web sites). Mobile Web sites include Fox Business and Fox News. Fox is also now offering a mobile entertainment package called Mobizzo on Cingular and T-Mobile phones.

Other:

Outdoor advertising: News Outdoor.

Sports: National Rugby League.

Europe: NDS (72%), News Outdoor Group.

Misc.: Fox Sports Enterprises, National Advertising Partners, Media Support Services Limited (Russia), STATS LLC (50%).

Source: Ownership Chart: The Big Six | Free Press


Ok. So that's quite a substantial company. From there, what else would we need to consider:

How many people would lose their jobs if News Corp was destoyed?
How many supply chain jobs would be lost?
How much revenue would be lost?
How much tax money would be lost? (Bear in mind that each of their employees pays tax somewhere)
How many countries would that affect?

There are a few more questions, but I'm kind of hoping that people will think logically before running off at the mouth about destroying this 'evil' corporation. Think. Preferably critically, instead of partisanly.

i don't think anyone has issue with his film holdings and sports holdings, etc. He should just be out of the propaganda business. And his "news" holdings should be supervised to make sure they actually learn journalistic standards.

and those are;

______________

?
 
So, everyone seems very enthusiastic (and with good reason) to see Murdoch and his empire destroyed.

I wondered what exactly the impact of destroying that empire would be. Firstly, we need to know what exactly this 'News Corp' is... what does it own, and where does it own it. So, here:



Ok. So that's quite a substantial company. From there, what else would we need to consider:

How many people would lose their jobs if News Corp was destoyed?
How many supply chain jobs would be lost?
How much revenue would be lost?
How much tax money would be lost? (Bear in mind that each of their employees pays tax somewhere)
How many countries would that affect?

There are a few more questions, but I'm kind of hoping that people will think logically before running off at the mouth about destroying this 'evil' corporation. Think. Preferably critically, instead of partisanly.

here are some snips from a wjs article, I am not familiar with slander libel and accetpted news methodology over there, you appear to be(?)...what do you think of Jenkins supposition altogether?

* JULY 13, 2011

Law & Order, Fleet Street
The crime spree could have been stopped in 1999.

To wit, for approximately 10 years it was deemed fine and dandy that private gumshoes bribed police officers, stole voicemails, and broke into the bank records of celebrities, royals, government leaders and notorious convicts in order to create fodder for tabloid journalism. The violent reaction that finally engulfed one of the papers, the News of the World (owned by the parent of The Wall Street Journal), last week came only because of one additional revelation: An ordinary citizen had been victimized by phone hacking, namely Milly Dowler, a schoolgirl who went missing early in 2002 and six months later was found to have been murdered.

This story turns out to have an extraordinarily long backstory, which throws a light (for a naive American, anyway) on the gigantic furor erupting across the Atlantic. As far back as 2002, the Guardian newspaper detailed the reliance of three British tabloids—the News of the World, the Daily Mirror, and the Sunday Mirror—on private investigators to bring them stories based on bribes handed out to policemen and purloined electronic records.

The Guardian report itself was based on leaked details of a secret 1999 police investigation into corrupt cops, reporters and private eyes. Even this statement does not do justice to the ancient provenance of the scandal. A central target of that investigation was private eye Jonathan Rees, Scotland Yard's recurrent suspect in the 1987 axe murder of his partner, Daniel Morgan, who was killed possibly because he was about to give evidence of police corruption.

snip-
Phew. If the 1999 investigation did not lead to the prosecution of any journalists, it was apparently only because the police were obliged to call off the probe early. Their surveillance bug had caught wind of a felony being hatched. The cops intervened to stop Rees and a corrupt police officer from planting cocaine on a woman involved in a child-custody case. Rees went to jail for several years. Amazingly, on emergence in 2005, he returned to the payroll of Fleet Street.

Here it seems appropriate to interject another seemingly unrelated fact. In 2002, the British government considered making it illegal for news organizations to offer tell-all financial deals to jurors in ongoing criminal trials—and to dangle a larger payment if the verdict were to be guilty.

In the end, it was decided to rely on press self-regulation, but—forgive a late hit here—wasn't the overarching message that all of Britain was in connivance with the boundary-stretching of its tabloid press?

After the Guardian revelations, that print media only became more full of stories produced by illegal methods. Prince William in 2005 was reported to have visited a doctor after a soccer injury, information the prince and his handlers concluded could only have come from a hacked voicemail—as evidently it did. Ditto stories about everything from Bank of England Chief Eddie George's mortgage to the personal lives of rock stars and pro athletes.

and more at-
Jenkins: Law & Order, Fleet Street - WSJ.com
 
So, everyone seems very enthusiastic (and with good reason) to see Murdoch and his empire destroyed.

I wondered what exactly the impact of destroying that empire would be. Firstly, we need to know what exactly this 'News Corp' is... what does it own, and where does it own it. So, here:

Television:

Networks: Fox, MyNetworkTV. In the United States, News Corp. owns 27 television stations.

Cable: Fox Business Channel, Fox Movie Channel, Fox News Channel, Fox College Sports, Fox Regional Sports Networks (16 owned and operated), Fox Sports En Espanol, Fox Sports Net, Fox Soccer Channel, Fox Reality, Premier Media Group (Australia 50%), Premium Movie Partnership (Australia 20%), Cine Canal (Latin America 23%), Telecine (Latin America 13%), FUEL TV, FX, FX HD, National Geographic Channel (US 67% and Worldwide 52%), National Geographic Channel HD, SPEED Channel, SPEED HD, Big Ten Network & Big Ten Network HD (49%), Premier Media Group (Australia 50%).

Production and Distribution Companies: Fox Television Studios, Fox Home Entertainment, 20th Century Fox Television, 20th Television, Regency Television (50%).

Satellite Television: Fox International owns 120 channels around the world.

Europe: SKY Italia includes Sky Sport, Sky Calcio, Sky Cinema, Sky TG 24, Premiere AG (25%). British Sky Broadcasting (39%) includes Sky News, Sky Sports, Sky Travel, Sky One, Sky Movies, Artsworld. News Corp. also owns Balkan News Corporation.

Latin America:LAPTV (33%), Telecine (13%).

Asia: STAR Channels, Space TV (India DBS 20%), Phoenix Satellite Television (18%), Hathway Cable and Datacom (22%), China Network Systems (17 affiliated cable systems), Vijay, Xing Kong Channel , ESPN Star Sports (50%), ANTV (20%), TATA Sky (20%).

Australia & New Zealand: Sky Network Television Limited (44%), FOXTEL (25%).

Programming: Fox Sports, Special Report with Brit Hume, Fox Report with Shepard Smith, On the Record With Greta Van Susteren, Fox News Sunday, The O’Reilly Factor, Fox Pan American Sports (38%).

Publishing:

Magazines: Barron’s, SmartMoney (50%), Big League, InsideOut, donna hay, News America Marketing (In-Store, FSI (SmartSource), SmartSource iGroup, News Marketing Canada), Alpha, The Weekly Standard, The Weekend Australian Magazine, sundaymagazine, body + soul, STM (WA), home, TVGuide, News Magazine (Australia).

Newspapers:
Australia/Asia: More than 150 titles including: The Wall Street Journal Asia, the Fiji Times, Daily Telegraph, Nai Lalakai, Shanti Dut, Gold Coast Bulletin, Herald Sun, Newsphotos, Newspix, Newstext, NT News, Papua New Guinea Post-Courier (63%), Sunday Herald Sun, Sunday Mail, Sunday Tasmanian, Sunday Times, Sunday Territorian, The Advertiser, The Australian, The Courier-Mail, The Mercury, News Limited, The Sunday Mail, The Sunday Telegraph, Weekly Times, The Weekend Australian, MX, Brisbane News, Northern Territory News, Cumberland (NSW), Leader (VIC), Quest (QLD), Messenger (SA), Community (WA), Darwin Sun/Palmerson Sun (NT).

United Kingdom: Now defunct News of the World, The Sun, The Sunday Times, The Times, News International.

United States: Newspaper holdings include the Wall Street Journal, the New York Post, MarketWatch and Dow Jones Newswire; News Corp. also acquired the Ottoway group of community newspapers through its takeover of Dow Jones in 2007.

Books: HarperCollins Publishers.

Film:

Production and Distribution: Fox Film Entertainment: 20th Century Fox Film Corporation, Fox 2000 Pictures, 20th Century Fox Espanol, 20th Century Fox Home Entertainment, 20th Century Fox Licensing and Merchandising, 20th Century Fox International, Fox Atomic, Blue Sky Studios, Fox Searchlight Pictures, Fox Music, Fox Studios Australia, Fox Studios Baja (Latin America), Canal Fox (Latin America), Balaji Telefilms (26%, Asia), 20th Century Fox Animation.

Online:

Fox Interactive Media manages Fox’s online holdings, which include MySpace.com, Scout.com (a college sports site), ign.com (Internet gaming), Simply Hired (an online job search site), FoxSports.com, Fox News.com, Fox.com, Intermix, IGN.com, IGN.com.au, NYPost.com, MSN.Foxsports.com, WeeklyStandard.com, Broadsystem.com, NewsOptimus.co.uk, NewsOutdoor.com, RottenTomatoes, Fox.com, AmericanIdol.com, MarketWatch.com, Photobucket.com, Hulu.com (45%), jamster.com (51%), askmen.com, whatifsports.com, ksolo.com, springwidgets.com, flecktor.com milkround.com, nds.com, newsoutdoor.com, wsj.com, dowjones.com, barrons.com.

News Corp. also owns News Digital Media (a group of Australian Web sites). Mobile Web sites include Fox Business and Fox News. Fox is also now offering a mobile entertainment package called Mobizzo on Cingular and T-Mobile phones.

Other:

Outdoor advertising: News Outdoor.

Sports: National Rugby League.

Europe: NDS (72%), News Outdoor Group.

Misc.: Fox Sports Enterprises, National Advertising Partners, Media Support Services Limited (Russia), STATS LLC (50%).

Source: Ownership Chart: The Big Six | Free Press


Ok. So that's quite a substantial company. From there, what else would we need to consider:

How many people would lose their jobs if News Corp was destoyed?
How many supply chain jobs would be lost?
How much revenue would be lost?
How much tax money would be lost? (Bear in mind that each of their employees pays tax somewhere)
How many countries would that affect?

There are a few more questions, but I'm kind of hoping that people will think logically before running off at the mouth about destroying this 'evil' corporation. Think. Preferably critically, instead of partisanly.

i don't think anyone has issue with his film holdings and sports holdings, etc. He should just be out of the propaganda business. And his "news" holdings should be supervised to make sure they actually learn journalistic standards.

I'm not talking about people having an 'issue' with some of his companies. I'm saying that if you want to destroy News Corp - or even just Fox News - one should consider the whole house of cards. Pull one card out... it might stand, it might not. But we should consider... think... rationally and without hysteria and partisan bullshit. I know you dislike Fox. Do what I do.... don't fucking watch. It's not hard. But they have every right to exist - unless they are found to have broken actual laws. Just be careful what you wish for.... because if we shut one station because some people don't like them, we're on a very slippery slope.
 
So, everyone seems very enthusiastic (and with good reason) to see Murdoch and his empire destroyed.

I wondered what exactly the impact of destroying that empire would be. Firstly, we need to know what exactly this 'News Corp' is... what does it own, and where does it own it. So, here:



Ok. So that's quite a substantial company. From there, what else would we need to consider:

How many people would lose their jobs if News Corp was destoyed?
How many supply chain jobs would be lost?
How much revenue would be lost?
How much tax money would be lost? (Bear in mind that each of their employees pays tax somewhere)
How many countries would that affect?

There are a few more questions, but I'm kind of hoping that people will think logically before running off at the mouth about destroying this 'evil' corporation. Think. Preferably critically, instead of partisanly.

here are some snips from a wjs article, I am not familiar with slander libel and accetpted news methodology over there, you appear to be(?)...what do you think of Jenkins supposition altogether?

* JULY 13, 2011

Law & Order, Fleet Street
The crime spree could have been stopped in 1999.

To wit, for approximately 10 years it was deemed fine and dandy that private gumshoes bribed police officers, stole voicemails, and broke into the bank records of celebrities, royals, government leaders and notorious convicts in order to create fodder for tabloid journalism. The violent reaction that finally engulfed one of the papers, the News of the World (owned by the parent of The Wall Street Journal), last week came only because of one additional revelation: An ordinary citizen had been victimized by phone hacking, namely Milly Dowler, a schoolgirl who went missing early in 2002 and six months later was found to have been murdered.

This story turns out to have an extraordinarily long backstory, which throws a light (for a naive American, anyway) on the gigantic furor erupting across the Atlantic. As far back as 2002, the Guardian newspaper detailed the reliance of three British tabloids—the News of the World, the Daily Mirror, and the Sunday Mirror—on private investigators to bring them stories based on bribes handed out to policemen and purloined electronic records.

The Guardian report itself was based on leaked details of a secret 1999 police investigation into corrupt cops, reporters and private eyes. Even this statement does not do justice to the ancient provenance of the scandal. A central target of that investigation was private eye Jonathan Rees, Scotland Yard's recurrent suspect in the 1987 axe murder of his partner, Daniel Morgan, who was killed possibly because he was about to give evidence of police corruption.

snip-
Phew. If the 1999 investigation did not lead to the prosecution of any journalists, it was apparently only because the police were obliged to call off the probe early. Their surveillance bug had caught wind of a felony being hatched. The cops intervened to stop Rees and a corrupt police officer from planting cocaine on a woman involved in a child-custody case. Rees went to jail for several years. Amazingly, on emergence in 2005, he returned to the payroll of Fleet Street.

Here it seems appropriate to interject another seemingly unrelated fact. In 2002, the British government considered making it illegal for news organizations to offer tell-all financial deals to jurors in ongoing criminal trials—and to dangle a larger payment if the verdict were to be guilty.

In the end, it was decided to rely on press self-regulation, but—forgive a late hit here—wasn't the overarching message that all of Britain was in connivance with the boundary-stretching of its tabloid press?

After the Guardian revelations, that print media only became more full of stories produced by illegal methods. Prince William in 2005 was reported to have visited a doctor after a soccer injury, information the prince and his handlers concluded could only have come from a hacked voicemail—as evidently it did. Ditto stories about everything from Bank of England Chief Eddie George's mortgage to the personal lives of rock stars and pro athletes.

and more at-
Jenkins: Law & Order, Fleet Street - WSJ.com

While I am not a journalist, I am a writer and I do publish in major newspapers and magazines in the UK. Therefore, yea, I am painfully well aware of the laws governing the media.

We should bear in mind, this is an ongoing investigation - a journalist and a private investigator went to prison some years ago about this. Other than these two convictions, 9 journalists have been arrested and are currently on bail while investigations continue. There is a Parliamentary Select Committee investigating the mess, and there will shortly be a judicial review to determine a set of facts - those facts are yet to be confirmed.

It is, therefore, speculation and not hard facts at the moment. We really need to wait to find out the facts before we decide who to hang.
 
Yes, we should look the other way to save FX!!!

Look the other way from what exactly? Have Fox News been charged with any criminal behavior? No. Is there even any evidence to suggest that they are guilty of some actual wrong doing (and by actual wrong doing, I do not mean saying things that you disagree with).

Exactly what is it that Fox News have done that is not legal?
 
What makes you believe that these companies would disappear?

What makes you think they won't?

If I'm gonna destroy an individual, I like to consider the blowback. We're in a recession. Newspapers are particularly vulnerable. Other media companies are struggling. Fox is not just Fox News. You bring down Fox News... fine.... what about the rest of the Fox Network? What about the potential losses there? I like rational thought over hysterical ranting.
Because Murdoch isn't an idiot, like you seem to think! He will sell whatever he has - not let it collapse and go away.

You don't think there are companies who would LOVE to buy all of those holdings???

He hasn't been charged, tried or convicted of anything. Is that the America that we are now? That we think we can decide who gets to keep their companies?

I've stated - more than once on this board - that I have absolutely no respect for Murdoch - I'm just slightly less inclined towards hysterical bullshit. I prefer to wait for facts.... I'm not afraid of the truth... unlike some.
 
other companies will come in and replace or these companies will be sold either way no net loss to the economy infact the increased compition will be good for the economy, did you not notice the size oif that list does it not concern you?
If it was George Soros, she would be concerned!

When did I give you authority to speak for me, Synthia? Kindly refrain from announce what I would be concerned about. I am concerned about what is happening within the UK media - and I suspect, and so do the UK media, that this behavior is not confined to Murdoch's stable.

And... for the record.... if it was Soros.... I would be saying the same thing. He has not even been questioned, certainly not charged and definitely not convicted of anything. I require evidence and facts - not media stories and speculations but actual facts on which to make decisions.
 
What makes you believe that these companies would disappear?

What makes you think they won't?

If I'm gonna destroy an individual, I like to consider the blowback. We're in a recession. Newspapers are particularly vulnerable. Other media companies are struggling. Fox is not just Fox News. You bring down Fox News... fine.... what about the rest of the Fox Network? What about the potential losses there? I like rational thought over hysterical ranting.

You took the time to document all Murdoch's holdings. Why not document the convoluted privacy laws in the UK. What are the charges against Murdoch? Are they more serious than illegally hacking Speaker Gingrich's cell phone conversation and turning it over to the NY Times? What about the violations of Sarah Palin's right to privacy? There was little or no outrage on the left when her e-mail account was hacked or when an angry creepy stalker rented a house next door so he could spy on her and her family and write it up for the leftie media.
 
What makes you believe that these companies would disappear?

What makes you think they won't?

If I'm gonna destroy an individual, I like to consider the blowback. We're in a recession. Newspapers are particularly vulnerable. Other media companies are struggling. Fox is not just Fox News. You bring down Fox News... fine.... what about the rest of the Fox Network? What about the potential losses there? I like rational thought over hysterical ranting.

You took the time to document all Murdoch's holdings. Why not document the convoluted privacy laws in the UK. What are the charges against Murdoch? Are they more serious than illegally hacking Speaker Gingrich's cell phone conversation and turning it over to the NY Times? What about the violations of Sarah Palin's right to privacy? There was little or no outrage on the left when her e-mail account was hacked or when an angry creepy stalker rented a house next door so he could spy on her and her family and write it up for the leftie media.

If you want them documented, feel free. I'm not you 'go to gal'.

The investigation is still in it's very early stages... no one knows what charges, if any, will be laid and against whom. Nine NotW journalists have been arrested. That is the only hard fact.

People also need to bear in mind that Murdoch (and his son) are both American citizens, they are beyond the reach of the UK legal system.

The email hacks of Palin are subject to US law. The NotW are subject to UK law. Why the fuck are you asking me about that? I haven't mentioned Palin's emails.

Do you own fucking work.
 
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