When the media world’s most predatory shark realizes he’s about to be someone else’s lunch, you have to wonder whether we all might need a bigger boat. Only four years ago, Rupert Murdoch was circling the waters of Time Warner in the hope of hooking those prized assets and feeding them into his own 21st-century entertainment factory. Today, he is the one hocking most of the family jewels to the Walt Disney Company in a $71.3 billion deal that leaves his clan with a stripped-down entity focused on live news and sports, as well as a passive stake in a […]
by Colin Brown on Sep 17, 2018Are we in the midst of a new round of media consolidation? Is the report that Comcast made a pitch for Disney the first of a wave of further industry restructuring? Rupert Murdoch’s reorganization of the News Corp. and reports that he has been exploring the acquisition of the L.A. Times and the Chicago Tribune raise concern that such a round is underway. On December 3rd, Murdoch announced that he was splitting the News Corp. into two companies. News Corp. will house its publishing business, including HarperCollins, Dow Jones Newswires, the London Times and The Wall Street Journal. The new […]
by David Rosen on Dec 5, 2012It was only later that I discovered that I had been charged admission to Machete as a “student.” I am not one, and haven’t been for many, many years. I was glad not only because it saved me two dollars, but also because I didn’t have to resort to the Harvey Korman moment near the end of Blazing Saddles, when he cuts in line to buy a ticket for the film itself, pulls out an I.D., holds it up with a skeptical smile and asks the ticket lady, “Student?” to which she replies flatly, “Are you kidding?” At 9:30 on […]
by Nicholas Rombes on Sep 28, 2010