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Troubles that Money Can't Dispel : NYT, David Carr

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Stuart G Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-18-11 11:44 AM
Original message
Troubles that Money Can't Dispel : NYT, David Carr
Edited on Mon Jul-18-11 11:50 AM by Stuart G
Troubles That Money Can’t Dispel

http://www.nytimes.com/2011/07/18/business/media/for-news-corporation-troubles-that-money-cant-dispel.html?_r=1&hp

By DAVID CARR

The willingness of the News Corporation to spend millions in settlement costs to make problems go away provides a useful window into its larger culture.

Time and again in the United States and elsewhere, Mr. Murdoch’s News Corporation has used blunt force spending to skate past judgment, agreeing to payments to settle legal cases and, undoubtedly more important, silence its critics. In the case of News America Marketing, its obscure but profitable in-store and newspaper insert marketing business, the News Corporation has paid out about $655 million to make embarrassing charges of corporate espionage and anticompetitive behavior go away.

That kind of strategy provides a useful window into the larger corporate culture at a company that is now engulfed by a wildfire burning out of control in London, sparked by the hacking of a murdered young girl’s phone and fed by a steady stream of revelations about seedy, unethical and sometimes criminal behavior at the company’s newspapers

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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-18-11 11:50 AM
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1. This was already posted, but I recommended it again because
it is just such an interesting article.
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Stuart G Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-18-11 11:59 AM
Response to Reply #1
2. Yes, it was posted yesterday nite in discussion forum.
cal04. posted it.at this link:
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1511834

Perhaps others will view it here if that is ok,
very interesting article about this company, good read.
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