Read this: A Murdoch returns to the MacTaggart, two decades on |Media |guardian.co.uk
Summary: Twenty years ago, in 1989, his father Rupert Murdoch delivered his MacTaggart lecture in what seems like a totally different media era, the analogue world. Murdoch's essential theme laid out to a fairly hostile festival audience of broadcasting executives then was that television is an area of economic activity, a business, and that competition is invariably preferable to monopoly. The crowd of TV movers and shakers, who between them owned scarcely a mobile phone or laptop in 1989 let alone the as-yet-uninvented BlackBerry were distinctly unimpressed. - guardian.co.uk
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