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Topic History of: Rupert’s going to war … and he’s taking Blair with him Max. showing the last 5 posts - (Last post first)
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veritas
by Michael Wolff of Newser.com
A British banker once described for me what happened when Rupert Murdoch decided to make then 31-year-old son James the CEO of BSkyB, the UK satellite television company managed by News Corp but in which it holds only a minority stake. (News Corp is now trying to buy all of BSkyB.) There was a huge and predictable cry from other shareholders that Murdoch was autocratically imposing his son on the company. It was a tense moment in which the younger Murdoch might have been turned out and News Corp’s grip on BSkyB loosened.