Thursday, December 07, 2006

Media Ownership

Just as I had slyly mentioned Rupert Murdoch and News Corp in a post about media slant, it turns out that News Corp is buying out its shares from Liberty Media.

The deal would give Murdoch more control over his News Corp empire.

As I said in that previous post, while in newspapers it doesn’t seem to matter who owns the company, maybe the case (and the incentives) are different for other media conglomerates.
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