Tag Archives: Rupert Murdoch
Rupert Murdoch Already Starts Censoring Himself On Twitter
It was just yesterday I wrote about how Rupert Murdoch joined Twitter and now the media executive has already found himself having to censor some of the messages he tweets out. Notably, Rupert Murdoch decided to slam British people by saying “Maybe Brits have too many holidays for broke country.” Murdoch ended up deleting the tweet, but the backlash had already started by then and many people started bashing on him for it. Rupert’s wife Wendi Deng wrote a tweet to him saying “RUPERT!! delete tweet!!” [Mediaite]
Categories Rupert Murdoch, Twitter
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News Corp Chairman and CEO Rupert Murdoch Joins Twitter
Steve Jobs biog interesting but unfair. Family must hate.
— Rupert Murdoch(@rupertmurdoch) December 31, 2011
Rupert Murdoch, chairman and CEO of News Corporation, has decided to share his thoughts by joining Twitter (@rupertmurdoch). The account has been confirmed and he has already sent out tweets about his trip in St. Barths and what he thinks about the Steve Jobs biography. Below are some additional tweets:
(more…)
Categories News Corp, News Corporation, Rupert Murdoch, Twitter
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The Daily iPad Digital Publication To Launch Officially On February 2
There is finally an official date for the News Corp. digital publication The Daily. Apple and News Corp. are holding a press conference next week to reveal the iPad publication. Rupert Murdoch will most likely be on stage to join Apple VP Eddie Cue to announce the availability of the app. The Daily is expected to cost $0.99 per week and will be run by Greg Clayman.
Categories Apple Inc., Eddie Cue, Greg Clayman, News Corp, News Corporation, Rupert Murdoch, The Daily
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News Corp. Is Acquiring 90% Of Wireless Generation For $360 Million
News Corporation (NASDAQ:NWS) is acquiring 90% of Wireless Generation for $360 million in cash. Wireless Generation is a Brooklyn based company that creates education technology for teachers. Wireless Generation will continue to operate independently after the acquisition. Wireless Generation has about 400 employees and they server over 200,000 teachers. About 3 million students use Wireless Generation in all 50 states. Rupert Murdoch said that they are making the purchase because education in the U.S. is a $500 billion sector. [paidContent]
Categories News Corp, News Corporation, Rupert Murdoch, Wireless Generation
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News Corporation Buys 9.09% Stake In Rotana Media
By acquiring a 9.09% stake in Rotana Media, Rupert Murdoch continues to build News Corporation empire. Rotana Media is a pan-Middle East media group that sold about $70 million worth of stake to News Corp. Prince Al-Waleed bin Talal, the multi-billionaire owner of Rotana has done deals with Murdoch in the past too. Talal is a 7% owner in News Corporation’s class B stock making him the single largest shareholder outside of the Murdoch family. [paidContent]
News Corp and Several Others Planning To Block Google Index
News Corporation and their subsidiaries along with the Denver Post and the Dallas Morning News might be pulling their stories from the Google search engine very soon. Microsoft is rumored to be in talks with News Corporation to partner on a deal that will add the stories into the Bing search engine and news website. The Denver Post, the Dallas Morning News, and The Wall Street Journal would charge for content and remove it from Google News.
Rupert Murdoch was interviewed recently on Sky News and he claimed Google was stealing content from his company. MediaNews Group Inc. CEO William Dean Singleton said that the Denver Post will block Google News when the Denver Post starts charging.
“There’s value in that traffic and I think publishers recognize that value,” stated Google News Head Josh Cohen. “The reason they’re not opting out is they’re getting something from that relationship.”
Is Rupert Murdoch Is A Hypocrite?
Earlier this week, Rupert Murdoch did a 37 minute interview with Sky News about why he thinks Google and Microsoft have been “stealing” content from The Wall Street Journal through their news websites. He said he has a problems with companies that simply “pick up everything and run with it [2:13-2:15 in the embedded clip]” and “steal our stories.”
Because of this Murdoch said he wants to cut off Google News from linking to The Wall Street Journal articles. His logic is that he would rather have less visitors that actually pay than have millions of visitors that do not pay.
I read an article by TechDirt that points out all of Rupert Murdoch’s companies that simply “pick up content and run with it.” The Wall Street Journal is an excellent example. Below is a screenshot of one of the sections of The Wall Street Journal website:
It is not just The Wall Street Journal that links to tons of content that other people produce. FOX News does it with their Politics Buzztracker. AllThingsD regularly links to other stories in a section called Voices. News Corporation also owns IGN which has many websites that “steal” content from other websites such as RottenTomatoes. And I am sure that there are many other examples.
The fact of the matter is that there is original content writers out there. Sometimes people get lucky by being the first to publish breaking news and the rest of the time they are stuck with reporting content that other people produced. But as long as you keep producing the news and making sure that you have solid profit margins, then your publication business will prosper.
Categories Rupert Murdoch
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Rupert Murdoch Wants To Remove WSJ From Google, Good For Us [Video]
When you do a Google search using keywords on business or web companies, it is likely that you will find articles by TechCrunch, Mashable, Pulse2, The New York Times, and The Wall Street Journal on the top pages. This is because Google favors these online publications for providing users with valuable content. We benefit from people doing these searches and finding our websites and so do all the other blogs out there. That means more ad revenue for us. The more hits you get on the web, the more money you make. Its a simple formula. If Rupert Murdoch wants to remove The Wall Street Journal from Google, so be it. Thats less competition for us.
Personally I think it is an idiotic move for the WSJ to cut themselves off from Google since they supposedly receive 25% of their traffic from the search engine. However Murdoch would rather have a smaller amount of paid traffic than a larger number of people looking at content for free according to the interview. How will people find it if they don’t know it exists? Will cutting yourself from the world make people just give in and pay? It is highly unlikely because more people are starting to get their content online than pay for it. If you don’t believe me, ask someone that works for your local newspaper. I live in Ann Arbor, Michigan and The Ann Arbor News basically went out of business. The Ann Arbor News cut off the circulation to only Thursday and Sunday and changed their name to AnnArbor.com. Some of the staff members at The Ann Arbor News were absorbed into AnnArbor.com and the rest were laid off.
People may argue that they are willing to pay for content online assuming it is credible journalism. The Wall Street Journal has been a household brand for well over a century now so that proves that they are credible. But they started in a time when the invention of a computer was just a dream. Welcome to 2009, Murdoch. Its going to be a bumpy ride for print companies.
Categories News Corp, News Corporation, Rupert Murdoch
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MySpace Falls Short Of $900 Million Google Deal
In August 2008 Google filed a report with the SEC that their $900 million investment in MySpace “may be impaired.” MySpace made the Google search engine the default for the search engine. Last week, MySpace executives Rupert Murdoch, Chase Carey, and Dave Devoe reported that MySpace fell short of traffic targets.
This means that MySpace will not be paid the full amount by Google. It is likely that MySpace will lose $100 million of the deal, making it an $800 million deal. The loss might be even greater than $100 million. It could even be $300 million according to one of the executives.
MySpace isn’t the only deal to go slightly sour by Google in recent times. Google sold back 5% of their ownership in AOL back to Time Warner. Google bought the 5% of equity for $1 billion and sold it back for $283 million.
Categories Chase Carey, Dave Devoe, Google, MySpace, News Corp, News Corporation, Rupert Murdoch
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Chase Carey Leaves DIRECTV To Join News Corp.
Chase Carey has been the President and CEO of DirecTV since December 2003. This past week Carey stepped down from DirecTV and joined News Corporation to replace Peter Chernin. At one point, News Corp. even owned 34% of DirecTV. When Carey joined DirecTV, he left News Corporation.
To find a replacement for Carey, DirecTV formed a director committee. As a temporary replacement EVP of Legal, HR, and Administration Larry Hunter has become the interim CEO of DirecTV.
“Chase has been an important advisor and a close friend to me for several decades,” stated Murdoch. “I know that his leadership, strategic capabilities and more than 15 years of experience at our company will prove invaluable as we face the challenges and opportunities before us.”
[via LA Times]