My Thread about News Corp: The Potential Fallout

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.
If Newscorp goes under that doesn't mean all these guys go under too.

Other companies can buy them or maybe they can just be independent.

I didn't say they couldn't. But certainly not all would be. If it was that easy to sell, say, a newspaper, I think Murdoch probably would have sold the NotW, instead he shut it down. And that was one of Britain's more successful papers.

Who's going to buy a newspaper that's still under investigation for criminal activity and one that is now hated by a lot of the country?
 
Rightwingtwat sayeth: Not only should we not tax 'job creators', but we shouldn't hold them accountable for their criminal actions either. :thup:
 
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.
Link to one of your articles.

i think i found one

I Just Love Corporations!
 
Rightwingtwat sayeth: Not only should we not tax 'job creators', but we shouldn't hold them accountable for their criminal actions either. :thup:

This right winger doesn't say that. This right winger just likes to hang the guilty. And, this right winger thinks we should consider ALL the evidence, instead of hysteria and bullshit.

I know, that makes me a rare breed.... an intelligent, non-partisan person.
 
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.
Link to one of your articles.

i think i found one

I Just Love Corporations!

I think you're an idiot. And I have more evidence to support that opinion than you have to claim you know what I write.
 
Rightwingtwat sayeth: Not only should we not tax 'job creators', but we shouldn't hold them accountable for their criminal actions either. :thup:

This right winger doesn't say that. This right winger just likes to hang the guilty. And, this right winger thinks we should consider ALL the evidence, instead of hysteria and bullshit.

I know, that makes me a rare breed.... an intelligent, non-partisan person.

:lmao: @ you imagining that you're non-partisan.

As for the rest, I guess you didn't read your own bullshit tome of an OP. :thup:
 
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.

It's not about people liking them.

It's about that organization bribing public officials and committing crimes.

It about whther Murdocks managment style is really "whatever it takes" or if this particular company was a aberration from the conglomerate's usual style.
 
Rightwingtwat sayeth: Not only should we not tax 'job creators', but we shouldn't hold them accountable for their criminal actions either. :thup:

This right winger doesn't say that. This right winger just likes to hang the guilty. And, this right winger thinks we should consider ALL the evidence, instead of hysteria and bullshit.

I know, that makes me a rare breed.... an intelligent, non-partisan person.

You might not appear so silly if you wouldn't keep making these "non-partisan" claims about yourself. The op wasn't something I could agree with, I doubt Murdoch will be destroyed but you have put some thought into it.

You may want to embrace the wingnut within tho.
 
It's not about people liking them.

It's about that organization bribing public officials and committing crimes.

It about whther Murdocks managment style is really "whatever it takes" or if this particular company was a aberration from the conglomerate's usual style.

But he's a job creator. And that makes him a Lord in our neo-feudalistic society mate. Laws apply only to the vassalage.
 
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.

Fine with that then, but seems the story of his taxes and such were less than true:

Rupert Murdoch

Reuters Withdraws Story on News Corp.'s Tax Profits
News agency says that the claim that the Murdoch-owned company made money on income taxes "is wrong."
By Josh Voorhees | Posted Wednesday, Jul. 13, 2011, at 2:17 PM EDT

UPDATE: Looks like Reuters columnist David Cay Johnston got it wrong on Tuesday when he reported that Rupert Murdoch's News Corp. managed to turn a profit on income taxes over the past four years.

Reuters issued an advisory Wednesday afternoon stating that the column had been withdrawn and the claim that News Corp. made money on income taxes "is wrong."

A new column explaining the error is said to be on the way. We'll update when it's live, but in the meantime here's the full statement:

Please be advised that the David Cay Johnston column published on Tuesday stating that Rupert Murdoch’s U.S.-based News Corp made money on income taxes is wrong and has been withdrawn. News Corp’s filings show the company changed reporting conventions in its 2007 annual report when it reversed the way it showed positive and negative numbers. A new column correcting and explaining the error in more detail will be issued shortly.

...
Nobody posted a story about this in the first place, but thanks for playing.
icon_rolleyes.gif
 
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.
Link to one of your articles.

Idiot.
You could be using pseudonym in your 'articles'. Who knows? In fact, who knows if you even write 'articles'?
 
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.
Link to one of your articles.

i think i found one

I Just Love Corporations!
:lol:

California Girl is really Cynthia Steuben!
 
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.

It's not about people liking them.

It's about that organization bribing public officials and committing crimes.

It about whther Murdocks managment style is really "whatever it takes" or if this particular company was a aberration from the conglomerate's usual style.

Sure, and if Murdoch has committed any crimes, I'm totally supportive (and a tad enthusiastic) of having the full weight of the law brought to bear on him. However, people are stating things as fact that are not facts. There are very few hard facts yet - because the police are still digging into it.

The Milly Dowler situation - that is fact - it has been proved.

10 journalists from NotW have been arrested. Fact. 1 journalist from NotW was convicted of criminal activity. Fact.

As for the rest of it.... not really a lot of facts.... just speculation.... And there is no suggestion (other than from people with an anti-Fox News agenda) that Fox News have ever broken a law.
 
Link to one of your articles.

Idiot.
You could be using pseudonym in your 'articles'. Who knows? In fact, who knows if you even write 'articles'?

I do use pseudonyms.

Who cares if I have even written 'articles'? It's nothing to do with you. Any more than your career is anything to do with me. I don't give a rats ass what you do.... you should mind your own business about what I do.
 
You could be using pseudonym in your 'articles'. Who knows? In fact, who knows if you even write 'articles'?

I do use pseudonyms.

Who cares if I have even written 'articles'? It's nothing to do with you. Any more than your career is anything to do with me. I don't give a rats ass what you do.... you should mind your own business about what I do.
I'm not here using my career to buttress my arguments, like you. Big difference, Ms. Steuben.
 
You could be using pseudonym in your 'articles'. Who knows? In fact, who knows if you even write 'articles'?

I do use pseudonyms.

Who cares if I have even written 'articles'? It's nothing to do with you. Any more than your career is anything to do with me. I don't give a rats ass what you do.... you should mind your own business about what I do.
I'm not here using my career to buttress my arguments, like you. Big difference, Ms. Steuben.

Not 'buttressing' jack shit, Sythia. I merely commented that, as a writer who publishes in the UK, I know the laws governing such writing. Others are welcome to find out for themselves what those laws are... but it has jack shit to do with the topic. But being relevant has never been high on your priority list.
 

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