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Les Hinton sacrificed, but the worst is yet to come for News Corp (a very, very good article :0) [View All]

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Snoutport Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 01:46 AM
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Les Hinton sacrificed, but the worst is yet to come for News Corp (a very, very good article :0)
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Edited on Sat Jul-16-11 01:49 AM by Snoutport
http://www.guardian.co.uk/media/2011/jul/15/les-hinton-news-corp

"His decision to throw Les Hinton to the wolves is his most dramatic move yet. For more than 50 years, as a journalist and then an executive, Hinton loyally served the Murdoch empire from its roots in Australia to the height of its power in New York.

Now, in a desperate effort to save News Corporation's most valuable assets – its 27 US broadcast licences and the 20th Century Fox movie studio – Murdoch is prepared to sacrifice one of his closest allies.

The problem for Murdoch is that every time he ditches a key executive, the flames of scandal flick ever closer to him."

This is a must read AND it is guaranteed to get your weekend off to a great start!

I love the part that the flames are getting closer and closer to Murdoch himself.

(Oh, and here is my score card! Last week I made these statements: Hinton would quit, Brooks would quit, Charges on James Murdoch, Possible sell off of British papers, BSkyB bid would collapse and that all this would bring down Cameron. How am I doing so far? For the next week I see this: The head of FOX in the hotseat, A move to remove Murdoch from the board of News Corp, proof will be found that News Corp (Fox or the Post, most likely) hacked 9/11 phones. The next highest lawyer will leave News Corp. Brooks will be arrested.)

Regardless, as I have been saying since September...we may see a future soon without Murdoch's influence in the media and that will go a long way in helping this country heal.

When you are done with that, read this: If News Corp hacked the phones of 9/11 families, Fox News is finished http://www.guardian.co.uk/commentisfree/cifamerica/2011/jul/15/usa-rupert-murdoch

Happy weekend. (and, remember, no matter what is going on, you are probably having a better weekend than Rupert Murdoch).
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