Rupert Murdoch on this and that
April 11, 2014
Rupert Murdoch may own a media company, but he hasn’t been big on sitting for interviews the past few years.
Yet Fortune coaxed the 83-year-old billionaire, the chief executive officer of News Corp., into his first wide-ranging chat since 2009. It came months after his marriage to Wendi Deng broke up and weeks after News Corp. brought Murdoch’s elder son, Lachlan, back into the fold following his 2005 exit from leadership of the company.
You can read some of the interview here, but the bulk of it is behind a paywall. Here are a few of the highlights:
* Murdoch admits that while he was “reluctant” to spin off his company into two units, it was the right move.
* But he disputes the notion that cost-cutting is the most effective approach for newspapers right now.
* He’s had a very distressing, very tense year what with the divorce.
* He admits that some things about his divorce caught him off guard.
* But he notes that he has a much thicker skin than his critics give him credit for.
* He remains pleased with the acquisition of Dow Jones, and while he admits the New York Post could be online-only within 10 years, he thinks The Wall Street Journal will stay in print for another two decades.
* He admits to many mistakes with the purchase of MySpace.
* And he regrets not hiring Facebook’s Mark Zuckerberg to run the social media company.
Nikki Finke may have a new purpose in 2015
Tell us, what was the big story of 2014?
Facebook: ‘Thrones’ was the year’s top show
Final tally: 190 new magazines launched in 2014
No duPont Awards for broadcast networks
Sony: We’ll be releasing ‘The Interview.’ Really.
The year that was: 2014 by the numbers
An up and down year for broadcast
The buzziest new cable shows of 2015
Our OOH outlook: More connectivity
Our newspaper outlook: Not good
Our magazine outlook: More upheaval
The ad outlook for 2015: Pretty decent
- Helen Prokos becomes group creative director at Publicis Hawkeye
- James Florez becomes Dallas GM at Allison+Partners
- Robyn Hurd, Michael Oesterlin and Lorenzo Bertolotti join A+E
- Nate Lanxon becomes senior editor at Bloomberg Media
- Marian Bull becomes associate digital editor at Saveur
- Byron Pitts becomes co-anchor at ABC's 'Nightline'
- Annie Wersching joins CW's 'The Vampire Diaries'
- Daniel Wu joins the cast of AMC's 'Badlands'
- Ashley Tisdale guesting on ABC Family's 'Young & Hungry'
This month’s new media traffic data
This week’s cable ratings
This week’s broadcast ratings
This week’s top movies, songs and books
This week’s daypart ratings
This week’s younger viewer ratings
Media buyer opening in Memphis
Media planner/buyer wanted in Boston
Needed: Digital media coordinator in Roswell, Ga.
Media buyer/digital strategist job in Cedar Falls, Iowa
Broadcast media buyer wanted in Denver