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Rupert Murdoch's Quest To Buy Time Warner: Not Done Yet
Presto Vivace (882157) writes It seems that Murdoch's desire to acquire Time Warner predates his acquisition of Fox, and continues in spite of Time Warner's recent refusal. The possible deal is important in and of itself, but it also affects the future leadership of Fox. From the article: "Murdoch's skill is not just hiring the right people; he has been able to maintain control over them. They have his support as long as they produce results. His executives are the hired help. There is never any threat to his control. When a Murdoch favourite begins to get more headlines than the chairman, the clock begins ticking for their departure. But with the Time Warner bid, that balance may change. Chase Carey has put together a deal that, because of Murdoch's history, is almost irresistible to him. But it's a deal only Carey can put together. If he succeeds, the $US160 billion company that will emerge will be an ungainly beast that will depend on Carey making the merger work. He's indispensable." Clearly we have not heard the last of this.
can maneuver another billionaire (Murdoch) to make the first Billionaire even more rich and powerful
but the money they both make comes from us -the 99.9%
I hope they have more fun with my money than I did....
When Elephants fight its the grass that gets hurt
-I'm just sayin'
No matter how rich and obnoxious the fucker will eventually drop dead.
Umm, I'm confused. What does your choice of ISPs have to do with this article about Fox bidding for Time Warner?
we have a lot more news sources than 20 years ago. trouble is the kiddie bloggers rarely do more than link to an original news source and comment about it. These internet news sites need to start doing their own reporting. maybe start up something like AP or Reuters for investigative reporting and other hard news for internet news sites
Have you been to Reddit or Hacker News lately? Dear Lord, the independent "reporting" linked to from those sites is some of the absolute worst around. While mainstream media is obviously biased in certain ways, at least their biases have an understandable basis in business, politics, and power. The bias we see from independent hipster "journalists" is of a much worse nature. They're obsessed with being politically correct, or advocating the pansy let's-not-offend-anyone-in-any-way-with-the-truth attitude we see from hipsters and Millenials when it comes to discussing issues of importance. Their "reporting" doesn't just have the bias inherent to real journalism, but rather it's rife with what might be best considered as outright amateurish propaganda. I don't want anyone at Reddit or HN trying to "report" on anything. At best, they make total fools of themselves. At worse, they produce crap that other hipsters/Millenials will stupidly buy into and accept as "fact".
Allowing the fox news owner to take over turner networks is unthinkable.