Wednesday, July 25, 2012

Murdochs media empire on verge of collapse


Rupert Murdoch's media empire is collapsing just as all empires eventually do. The old mogul has now resigned his directorships of companies behind his British national newspapers. And it is just weeks since the announcement that the parent company News Corporation would split into two entities, one handling the press, and one the TV and film side of the business. How long before his British newspapers The Sun, Times etc are up for sale.

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