..
from the ‘New York Post’ and ‘The Wall Street Journal’,
he runs controls six community newspaper groups. Internationally he controls
Dow Jones, ‘Barron’s’ and ‘The Far Eastern Review’
amongst other news organisations and enterprises.
But it is the media assets that are the jewels in the Murdoch empire crown,
providing cash and increasing influence. We may be entertained by the output
of 20th Century Fox and its associated studios but we should stand in awe of
the various Fox cable networks spanning the globe from Australia through Asia,
the United States and deep into Europe. As Berlusconi was to Italy Rupert is
to the Western World.
Did I mention he owns the National Rugby League and Harper Collins the book
publisher?
Fifteen years ago, when News Corp shares were languishing around $10 and there
were thoughts that the company might be a useful acquisition for another large
company that I worked for, I counted that he had spawned more than nine hundred
companies - a significant number in the Cayman Islands - so one can imagine
the exponential growth in complexity since then. And the company ownership is
so structured that the Murdoch family control the company with a remarkably
small number of shares.
Despite everything else one can only admire Rupert for the ability to put together
such an empire, given his relatively small start in Australia. Whilst he has
tried to turn News Corporation into a family dynasty, the company is still his
baby and can be regarded as reflecting his own values.
And it is these values which Britain’s Leveson inquiry has demonstrated
as being more than questionable, not just for their moral bankruptcy and criminality,
but also their subversion of democracy. Media owners and newspaper proprietors
may raise their hands in feigned innocence and cries of concern everywhere,
but it is a problem that has ramifications for not just Britain but also the
United States and Australia. Rupert is just the most egregious and obvious example
of media out of control.
The frightening links between Murdoch’s empire and the political establishment
exist in all countries where he operates, but has oozed like green slime into
the public domain in England as a result of the phone-hacking scandal. But the
interdependency between Murdoch and whatever British government wanted to stay
in power probably started with Margaret Thatcher when she set aside media ownership
laws that enabled dear Rupert to acquire 40% of newspaper readership, plus Sky
TV. Perhaps it was at its most egregious with Tony Blair, who became not only
god father to Murdoch’s child, but also sent letter of commiserations
to Rebekah Brooks after her resignation.
David Cameron, the recently elected conservative Prime Minister, chose Andy
Coulson as the Conservative Party’s communications director after he resigned
from Murdoch’s now defunct News of the World. The Crown Prosecution Service
has charged Coulson on five counts of conspiracy to intercept communications
and he has also been charged in Scotland over allegations of lying on oath when
he gave evidence in court about phone hacking at the News of the World.
Democracy, prosperity and a good society would seem to succeed where those who
are in power are responsible to the public and can be deprived of power through
a regular electoral process. This is the only way to counter the omnipresent
threat of despotism, oligarchy, idiocy or kleptocracy. And we need to be impartially
informed of what is going on through an active media that is not either beholden
to a government – or worse – the decider of government policy. To
quote ‘
The
Guardian’, ”The press should not share the same aims as government,
the legislature, the executive, religion or commerce. It is, or should be, an
outsider. ”
People in power rather resent accountability and will always attempt to influence
and mould events in dark corridors and sealed rooms. That the Murdoch Empire
tries to shape public opinion is incontrovertible. Look at the ravings of the
American Fox network which makes the origins and faux ideology of the Tea Party
explicable -- if not understandable. To see the same thing writ only slightly
smaller in Australia one only needs to read the opinion columns of ‘The
Australian’ to see that bias knows few bounds and needs only to possess
vitriol rather than reason.
But let us stop with our boundless admiration of the sterling work of Andrew
Bolt beloved of both Murdoch and Gina Rinehart which constitutes the eternal
daily double of sponsorship. It is hard to have an informed debate when stupidity
, shallowness and vacuity are the media norm, where the lowering of intellectual
standards is commensurate with the well spun sound-bite, and the pervasive evil
that is News Corporation
Protecting the freedom of the press does not mean protecting News Corporation
…..even if they can gives us memorable front pages like this.