Father Time
I'll be Still Alive
- Nov 29, 2008
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If Newscorp goes under that doesn't mean all these guys go under too.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 OÂ’Reilly Factor, Fox Pan American Sports (38%).
Publishing:
Magazines: BarronÂ’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 FoxÂ’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.
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?