Rupert’s power is sustained by love and power not sense

Columbia Journalism Review mentions the ever-growing losses of the Murdoch empire. When Rupert finally meets his maker, his so-called empire will certainly change greatly. The arrogance of his current editors will dissipate very quickly. The poor dears:

What lengths will Rupert Murdoch go to support his newspapers?

Last year, The Wall Street Journal lost $80 million. The New York Post lost an estimated $70 million. And we find out today that The Times of London and Sunday Times lost a staggering $132 million last year.

Four papers, $282 million in losses. While in the short-term we’re glad such largesse is keeping journalists in jobs, such losses aren’t sustainable for long.

Text and images ©2024 Antony Loewenstein. All rights reserved.

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