What the f@?!
No news like corporate news
“There is an inescapable conclusion. The only reliable, durable, and perpetual guarantor of independence is profit.”
That’s right – the only way to know you are being told the truth about reality is if somebody is making a lot of cash from it. That little nugget comes from James Murdoch.
The full text of his dissertation on Media in the UK is so insanely awful and blind to the context of his father’s media empire that it has gone viral across news and media blogs both in and outside the UK. Some commentators have reviewed it as the reappearance of Gordon Gekko – Michael Douglas’ endlessly greedy character from the movie Wall Street.
The thrust of Mini-Me Murdoch’s argument is that the BBC is a vile institution that distorts the media market and undermines the principles of quality journalism and the free market by giving away, or “dumping”, quality news that some ruthless media moguls probably would fund but would certainly charge people to read.
Bastards. The BBC, that is. Of course.
– By Roger Hanney
