THE LAST DITCH

When the News of the World (closure of) is the news | Samizdata.net.

As Rob comments on the linked story over at Samizdata:

Great opportunity to cut staffing costs and still have a Sunday paper, while keeping all the advertisers. How would Murdoch have sacked all those people without a squeal from the left without this convenient problem?

The quaint British model of having a separate staff and overhead to publish differently-branded Sunday versions of a newspaper is costly and of no particular benefit to the proprietors. Will any of the other owners be able to get the Labour Party, BBC and trade unions to applaud job-destroying restructuring? I doubt it.

I am sure Mr Murdoch doesn't welcome this situation, but he's already found one way to take advantage of it. I take my hat off to him even as I ponder what his next "win" might be. How else is one to interpret his throwing Andy Coulson to the wolves but as a rattle of the sabre in David Cameron's direction?

General elections boost viewing and circulation figures for news media no end. Hmm.

One response to “Rupert Murdoch is a business genius?”

  1. SimonF Avatar
    SimonF

    As the old saying goes – don’t let a good crises go to waste.

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Tom is a retired international lawyer. He was a partner in a City of London law firm and spent almost twenty years abroad serving clients from all over the world.

Returning to London on retirement in 2011, he was dismayed to discover how much liberty had been lost in the UK while he was away.

He’s a classical liberal (libertarian, if you must) who, like his illustrious namesake, considers that

“…government even in its best state is but a necessary evil; in its worst state an intolerable one.”

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