In its latest accounts, News Group Newspapers, a subsidiary of Murdoch’s NewsCorp, lists The Sun and its Sunday edition sister paper as having “zero carrying value” following an £84 million ($118.5 million) writedown, the Financial Times reported. Dwindling circulation exacerbated by the Covid-19 crisis has resulted in the newspaper’s turnover …
Read More »‘Transforming journalism’: Facebook strikes 3yr pay-per-content deal with Rupert Murdoch’s News Corp in Australia
The agreement stuck on Tuesday brings an end to a weeks-long faceoff between the two parties, which saw Facebook temporarily black out all news content for Australian users after the passage of a law that requires tech firms to pay media outlets a cut for hosting their material. “The agreement …
Read More »Rupert Murdoch bemoans social media censorship, but critics say media mogul’s ‘malign influence’ is far greater threat
In a pre-recorded acceptance speech thanking the Australia Day Foundation for honoring him with a lifetime achievement award, the Fox News owner expressed dismay over a “wave of censorship that seeks to silence conversation, to stifle debate and ultimately stop individuals and societies from realizing their potential.” He went on …
Read More »Gotcha! This brave stand against Rupert Murdoch’s cancerous stranglehold on the world’s anglophone media needs to be supported
At the ripe old age of 89, Rupert Murdoch is probably the most successful media tycoon alive right now. In fact, too successful for anyone’s good. The Australian turned American multi billionaire oversees a vast empire under his web of various companies, which span the anglophone world. To the Wall …
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