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The Forum > Article Comments > Is Murdoch being hacked to death unfairly? > Comments

Is Murdoch being hacked to death unfairly? : Comments

By Don Allan, published 26/7/2011

In the UK news has been the hacker, but in the US and Australia it is the hackee.

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http://www.guardian.co.uk/law/butterworth-and-bowcott-on-law/2011/jul/25/phone-hacking-lawyers-mobiles
read this then tell me it is a set up.
Understand why top police fell on their swords that Murdock said he did not know but has total control of his group.
Criminal even the Royal family Parliament and murder victims came do to just another story and some say its a beat up?
These are the lawyers of victims!
Posted by Belly, Tuesday, 26 July 2011 4:21:41 PM
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At first glance Murdoch is a prim old protestant Neocon, I fell for that too until someone pointed out that he's the Smutmeister of the Western world, the Hollywood Porno Kings must salivate at the thought of old Rupert's "T & A" empire.
Can you imagine a "conservative" taking over The Age or Haaretz and putting half naked girls on the third page?
Posted by Jay Of Melbourne, Tuesday, 26 July 2011 8:21:49 PM
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http://www.guardian.co.uk/politics/2011/jul/26/osborne-news-international-election
Rather than porn it is the power seen here that concerns me.
Unfair? no targeting his Empire has been coming for a long time
Posted by Belly, Wednesday, 27 July 2011 5:58:20 AM
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In the end it will be his own shareholders that decide the issue. The NewsCorp/Limited share price has a built-in Murdoch discount.

They are increasingly unhappy about some of his less sound business dealings:

- purchasing MySpace for USD580m and selling it to Justin Timberlake for USD35m

- purchasing Dow Jones (Wall Street Journal) for around USD5b of which around USD2.8billion was later written off

- the three corporate espionage and anticompetitive law suits against News America which have cost them around USD655m (not related to the UK sleaze)

- the recent purchase of his daughters TV production company Shine for USD673m

They are also frustrated on being hamstrung by the two classes of shares: voting and non-voting. No prizes for guessing who controls the voting shares. However if the 2nd largest holder of voting stock Saudi Prince Alwaleed bin Talal Al Saud finally gets sick and tired of Murdoch's war on muslims that could change.

Nomura recently recently published a list of News assets under these headings:

Good - TV - terrestial, cable and satellite.

Bad - Film, Magazines/inserts, books

Toxic - all the newspapers.

Finally the recent Sargeant Shulz defence of "I know nuuuuuuuuthing" before the British parliament around the News International/NOTW hacking has done nuuuuuuuuthing to enhance their view that Rupert is the right man to lead a multinational publicly listed company.

If regime change were to occur I imagine it would be a complete flush out of all Murdochs and a capital restructure to bring democracy back to the shareholders.
Posted by Neutral, Wednesday, 27 July 2011 11:27:38 AM
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