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Depressed by the press: journalism bows to the authoritarians
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Piers Morgan back in US with News Corp Fox deal
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âIf Fox chooses to use its access and credibility to inform viewers about the realities of climate change and its impacts on the weather, it could be a game changer. Conversely, if it opts to perpetuate misinformation to advance political goals, it will be a huge disservice to all Americans â conservative, liberal and moderate,â Maibach said.
Last year, Tucker Carlson rubbished the idea that forest fires on the west coast were a result of climate crisis â serious climate scientists, however, agree that the fires are very much linked to the breakdown â and suggested environmental hazards were a liberal conspiracy.
Carlsonâs colleague Laura Ingraham has insisted, contrary to expertsâ findings, that the planet is in a ânaturalâ cycle of warming, and suggested that environmental activists like Greta Thunberg had been âbrainwashedâ, while Sean Hannity said the leftâs âobsessionâ with the climate was a âpolitical
Global advertising spend 2020: Five tech companies dominate the market
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Rupert Murdoch turns 90 in just six days, sparking the usual
King Lear succession debate about what happens next.
But it’s the date the week after March 20 that’s got the markets wondering. That marks the two-year anniversary of the Fox entertainment business being sold to Disney and the expiry of the freeze on further asset sales.
It’s a good time for the family to be thinking about its News Corp/Fox holdings. News Corp shares are up about 17% in the past month, increasing the family’s wealth by a lazy $300 million.
The boost came off the back of the end-of-year profit jump driven by the company’s COVID cost-cutting (including closing most of its Australian regional mastheads) and with the newly sourced revenue stream courtesy of its Google deal (thanks Josh!)