Rupert Murdoch is 80 years old and his empire makes no sense other than as a reflection of his personality. Murdoch is very good at running television stations but his new media investments have been hopeless. His adult children are not very bright, are widely perceived as such by investors and won’t ever be allowed to run the company or to continue to use the weird share structure that Murdoch is allowed to use to control the company without actually owning a majority of the equity. News won’t survive six months when Murdoch is no longer running it. Seriously, at this point in his life Rupert Murdoch is about as scary as a strawberry blancmange.
- Michael Jennings, in response to an online petition asking him to oppose News Corporation’s complete takeover of BSkyB.