If Rupert Murdoch goes ahead and cuts his newspapers adrift from the hugely profitable movie and cable-TV business at News Corp, there will be big changes, which will put yet more pressure on journalists and journalism.
Gina Rinehart is threatening to sell her stake in Fairfax and the mining magnate is also busy attacking climate change, foreign labour and the carbon tax. The notoriously shy billionaire has put her views on record in a statement made to the ABC's Four Corners program.
Yesterday, Fairfax's top editors resigned as the company continued its push into the online era. That's created a new power triumvirate of Greg Hywood, Garry Linnell and Jack Matthews.
Seven Group chief Kerry Stokes is looming as the wildcard in the battle for Australia’s pay TV industry, with reports today suggesting Stokes could take on Rupert Murdoch by launching a counter offer for James Packer’s pay TV group, Consolidated Media.
Do you know a hobbyhorse jockey? Someone who won't shut up about their little area of expertise, and thinks it relates to everything you put in front of them? What about an egocentric, who seems to be in the c-suite just to stroke their own ego? The odds are that if you're on a board, you do.
Kim Williams' video to staff yesterday, announcing radical surgery at News Ltd to keep the patient alive, displayed a brilliant bedside manner, especially when it came to telling staff that some of them would regrettably have to go.
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