Read this: Michael Wolff on Rupert Murdoch | vanityfair.com
Summary: He runs his business not on the basis of giving the consumer what he wants but through more old-fashioned methods of structural market domination. Murdoch has contributed as much as anyone, with his low-priced papers, to the expectation that news is a de-valued commodity. But more than being about cost, his strategy is about pain. What he is always doing is demonstrating a level of strength and will and resolve against which the other guys, the weaker guys, cower. - vanityfair.com
www.vanityfair.comMichael Wolff on Rupert Murdoch | vanity…Transcriptions done by Google Cloud Platform.
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