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July 22, 2011
Murdoch is Magic
someone not named Rupert Murdoch will take over News Corp. soon. Murdoch is a man in his eighties, he simply cannot run the organization much longer. If not James, then Lachlan. If not Lachlan, then Elizabeth. If not Elizabeth, then Wendi Deng. One of them will succeed Rupert Murdoch, and do exactly what they have promised interviewers time and again: fire Roger Ailes, and turn Fox News into MSNBC. Very soon after that, the Film division will have a bad year, losses instead of earnings, and News Corp. will struggle or miss debt payments. And so begin a long, slow, NYT-like decline. All because the remarkable attributes of Rupert Murdoch, understanding that there is money to be made catering to middle/working class conservative sensibilities, cannot be duplicated in his family. -- Whiskey's Place: End of the Empires: News Corp and Apple
Posted by Vanderleun at July 22, 2011 9:22 AM. This is an entry on the sideblog of American Digest: Check it out.
Your Say
"Regardless of how the phone hacking scandals play out, someone not named Rupert Murdoch will take over News Corp. soon."
I'm very sure that Glenn Beck saw the same writing on the wall earlier this year, and acted accordingly.
Posted by: newton at July 22, 2011 10:08 PM