A News Corp. without newspapers?
FEATURE |
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
Source: The Daily Tribune
URL: http://www.tribuneonline.org/commentary/20110715com7.html
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