Still the “king of all media … consolidation”.

Forbes.com

After all, according to a recent Forbes.com article, Rupert Murdoch has been losing $1.5 million dollars per hour this year. As reported on mediabistro.com, despite the popularity of the Fox brand and its purchase of Dow Jones, publisher of The Wall Street Journal, News Corp’s stock price fell 34% over the past 12 months. Last I checked, ol’ Rupert owned about 1/4 of the media in the UK. That makes him the “King of all Media Consolidation“. I’m one of those people, by the way, who believe that media consolidation is among the biggest threats to democracy.

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