For Edification or Profit?

Rupert Murdock is a vastly rich international business man. He is currently rated as 117th richest person in the world. The Economist attributed to Murdoch the invention of the modern tabloid newspaper with its focus on sex, scandal and sport. This formula coupled with eye catching headlines enabled him to turn around a number of ailing newspapers. Over the years he has become the pre-eminent baron of the global news media. Continue reading