At this point, most of us are quite aware of the problems that Rupert Murdoch is having in Great Britain. There has been a seismic shift in the power that Murdoch has over politics and law enforcement in England. Up until a few short months ago, most people in power there were afraid to openly criticize Murdoch for fear of retribution in the press. Weeks ago, Murdoch has been forced to close down the News of the World tabloid. This newspaper, though it contributed very little to the Murdoch media empire’s profits, was widely thought to have been the “apple of his eye.”
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What Murdoch Can Teach Us About Corporate Governance
Posted by: Theodore F. di Stefano September 1, 2011 08:00 AMAt this point, most of us are quite aware of the problems that Rupert Murdoch is having in Great Britain. There has been a seismic shift in the power that Murdoch has over politics and law enforcement in England. Up until a few short months ago, most people in power there were afraid to openly criticize Murdoch for fear of retribution in the press. Weeks ago, Murdoch has been forced to close down the News of the World tabloid. This newspaper, though it contributed very little to the Murdoch media empire’s profits, was widely thought to have been the “apple of his eye.”