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Why would I spend $5 billion for something in order to wreck it?

Rupert Murdoch

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Rupert Murdoch
Age: 93
Born: 1931
Born: March 11
Business Person
Businessperson
Editor
Entrepreneur
Financier
Publisher
Melbourne
Australia
Keith Rupert Murdoch
Murdoch
Keith Murdoch
Billion
Billions
Spend
Order
Something
Would
Wreck
Wrecks

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I am amazed that CNN can't get its act together.
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I challenge anybody to show me an example of bias in Fox News Channel.
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News Corporation, today, reaches people at home and at work... when they're thinking... when they're laughing... and when they are making choices that have enormous impact. The unique potential - and duty - of a media company are to help its audiences connect to the issues that define our time.
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Our reputation is more important than the last hundred million dollars.
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Imagine if we succeed in inspiring our audiences to reduce their own impacts on climate change by just 1 percent. That would be like turning the state of California off for almost two months.
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People are reading news for free on the web, that's got to change.
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To find something comparable, you have to go back 500 years to the printing press, the birth of mass media – which, incidentally, is what really destroyed the old world of kings and aristocracies. Technology is shifting power away from the editors, the publishers, the establishment, the media elite. Now it’s the people who are taking control.
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As with all politically lead governments, foreign investment is the slowest in the media section. Politicians are somewhat paranoid about the media but we still think it's worthwhile.
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We must have sweeping, generous immigration reform, make existing law- abiding Hispanics welcome. Most are hard working family people.
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Most newspaper companies still have their heads in the sand, but other media companies are aggressive.
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All forms of government ultimately are not going to succeed in trying to control or censor the Internet.
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Monopoly is a terrible thing, till you have it.
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The reality is that we've seen the last of any serious price wars for a long time. I don't think any of the others could afford it, certainly not on a long-term basis.
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If Hillary [Clinton] gets elected what she's promised to do with the [New York] banks is going to make London boom.
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The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow.
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Satellite broadcasting makes it possible for information-hungry residents of many closed societies to bypass state-controlled television channels.
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The UK desperately needs less government and freer markets.
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No one's going to be able to operate without a grounding in the basic sciences. Language would be helpful, although English is becoming increasingly international. And travel. You have to have a global attitude.
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I have to admit that, until recently, I was somewhat wary of the (global) warming debate. I believe it is now our responsibility to take the lead on this issue.
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Climate change poses clear, catastrophic threats. We may not agree on the extent, but we certainly can't afford the risk of inaction.
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