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rupert murdoch

Billionaire Philip Anschutz, who recently took over the Examiner papers in both Washington and San Francisco, may buy Rupert Murdoch's Weekly Standard, an "insider" told U.S. News & World Report.

The purchase of the conservative paper fits with other titles published by Anschutz's company, Clarity Media Group, which tend to print conservative editorials. Recent hirings of conservative columnists Michael Barone and Byron York seem to confirm a trend of publishing papers that lean to the right of the political spectrum.

Anschutz is not considered to be "right wing," however, and insiders say they do not expect much restructuring of the paper under the new ownership, claiming that Anschutz "prefers to make contrarian purchases and then leave the day-to-day operation up to his managers," according to U.S. News & World Report.


Leah McBride Mensching


2009-06-11 20:00

Rupert Murdoch, the vocal CEO of New Corp. and media mogul has prophesied a paperless newspaper industry, Fox Business reported Monday.

"I can see the day - and it may be 20 years away - where you don't actually have paper and ink and printing presses," Murdoch said Monday morning in an interview with Fox Business's Neil Cavuto. News Corp. is the parent company of Fox.

While foreseeing the obvious and ongoing influence of the Internet and digital technology on the news industry, Murdoch said he believes newspapers still have an important future, calling them "the source of our democracy."

However, this future may be in a drastically novel format. Murdoch said that "within 10 years I think nearly all newspapers will be delivered to you digitally either on your PC" or via an electronic reader, such as Amazon's Kindle, Fox reported.

Murdoch, 78, also told Cavuto that his new deputy, Chase Carey is "coming in to be my partner and right hand," but would not comment on whether Carey is being groomed to replace him. Carey, 55, will join News Corp. on July 1, after leaving DirecTV, where he is CEO.


Leah McBride Mensching


2009-06-09 13:03

Dozens of U.S. newspaper executives came together in Chicago on Thursday to discuss the future of the industry plagued by declines in advertising and reader migration online, reported on Friday.

Representative of The New York Times Co. (NYT), Gannett Co. (GCI), EW Scripps, Hearst Newspapers, and The Associated Press were all present at the conference held at a Chicago hotel.

The meeting was held under the banner of the Newspaper Association of America, the associations president John Strum said in a statement to Harvard University's Nieman Journalism Lab.

"The group discussed business topics such as protection of intellectual property rights and approaches to the Congress and Administration to address these and other issues," Sturm said.

"With antitrust counsel present, the group listened to executives from companies representing various new models for obtaining value from newspaper content online," the NAA president added.

The meeting addressed the seemingly inevitable change to paid online subscription for newspapers as the industry attempts to create a economically viable print and online model.

Rupert Murdoch, chairman of News Corp. publisher of the Wall Street Journal that has run one of the few successful pay-per-view newspaper Websites, pronounced the end of free online content in an interview with Fox Business Network.


Leah McBride Mensching


2009-05-29 10:21

The owner and publisher of the Boston Herald, Patrick J. Purcell, has been named executive chairman of Ottaway Newspapers Inc. by his mentor and former boss, Rupert Murdoch, the Boston Business Journal reported Tuesday.

Ottaway Newspapers is a subsidiary of Dow Jones Inc., bought by News Corp. in December of last year. Meanwhile, Purcell will continue to own and manage the Herald.

Murdoch sold the Herald to Purcell after being unable to own it due to federal regulations. Prior to the sale, Purcell ran the Herald for Murdoch, according to the Boston Business Journal.

Ottaway Newspapers publishes community newspapers, and although it has sold some of its Massachusetts-based papers, it continues to run the New Bedford Standard-Times, the Cape Cod Times and a Nantucket weekly newspaper, the Boston Business Journal reported.


Alexandra Zeumer


2008-12-04 01:52

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