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A News Corp. without newspapers? FEATURE 07/15/2011

Saturday, July 16, 2011

A News Corp. without newspapers?

FEATURE

07/15/2011
WASHINGTON — Rupert Murdoch built his vast fortune selling newspapers, expanding a single daily in his native Australia into a media and entertainment empire that spans the globe.

But the phone-hacking scandal in Britain that led to the shock closure of the News of the World is raising the once-unthinkable possibility of a News Corp. without newspapers — or at least no British dailies.

Within hours of the announcement that News Corp. was abandoning its bid for full control of British satellite TV broadcaster BSkyB, Nomura analyst Michael Nathanson was arguing for a strategic reorientation by the company..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/commentary/20110715com7.html

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