Anorak

Anorak | So Murdoch’s not fit to run a media company then? Why then is that company so popular?

So Murdoch’s not fit to run a media company then? Why then is that company so popular?

by | 2nd, May 2012

RUPERT Murdoch is not fit to run a media company. So says a committee of MPs :

Rupert Murdoch is “not fit” to run a multinational corporation after demonstrating “wilful blindness” in his handling of the phone-hacking affair, which killed off his company’s 168-year-old Sunday tabloid News of the World, MPs concluded today.

That’s interesting really. The idea that the man who has built the world’s largest media conglomerate isn’t the right person to run a media conglomerate.

One does rather wonder how the hell he’s been so successful  if he’s not able to do it.

But the really important point here is that the declaration runs fould of PJ O’Rourke’s point about politics and business.

When the legislators get to decide what can be bought and sold then

You have already read 1 premium article for free today
Access immediately the premium content with Multipass

Or come back tomorrow



Posted: 2nd, May 2012 | In: Money Comment (1) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink