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Activist investor Starboard Value is gaining support for its plan to spin off News Corp, the media empire owned by Rupert Murdoch. The plan, which would unlock $7bn in value, has garnered attention amidst controversy surrounding Michael Wolff's scurrilous account of Murdoch's battles over Fox News. The book, titled 'The Fall: The End of the Murdoch Empire', highlights profit's triumph over democracy and the degradation of journalism under Murdoch's seven decades of power. Starboard's push for the News Corp spinoff aligns with concerns about the health of democracy and the need to separate media entities from profit-driven motives.
“For all the creative verve Rupert Murdoch deployed to amass the newspapers and TV stations in his empire, the true achievement of his seven decades of power was to degrade journalism and undermine the health of democracy itself.” By @TinaBrownLM ⬇️ https://t.co/n3eNLe9E32
The Murdoch’s WSJ Gets Its Wish https://t.co/zr1SDbKjLi
News Corp break-up would unlock $7bn in value, says activist Starboard https://t.co/Q5xNZGBBTx
Starboard Value's Jeff Smith unveils his newest ideas, including a push for News Corp spinoff https://t.co/skhdvzQBbW
“Fox News is Rupert Murdoch’s very own Dorian Gray portrait. And Donald Trump, on the rise once again, is his Frankenstein monster.” @TinaBrownLM on The Fall by Michael Wolff ⬇️ https://t.co/NNYFViqy5C
Michael Wolff’s scurrilous account of Rupert Murdoch's battles over Fox News is a parable of profit’s triumph over democracy, writes @TinaBrownLM ⬇️ https://t.co/VHOUSnNDzR
Breakingviews - Starboard dusts off old plan at News Corp https://t.co/kX8yko6360
Breakingviews - Starboard dusts off old plan at News Corp https://t.co/MGxxEzNejq
“Michael Wolff's technique: a cascade of beady insights and casual character assassination, never letting a fact get in the way of a story that’s too good to check.” Book of the Day: @TinaBrownLM on The Fall: The End of the Murdoch Empire ⬇️ https://t.co/vJg3XPCneu
From Breakingviews - Starboard dusts off old plan at News Corp https://t.co/khMjN58OQb
Book of the Day: Michael Wolff’s scurrilous account of Rupert Murdoch's battles over Fox News is a parable of profit’s triumph over democracy, writes @TinaBrownLM ⬇️ https://t.co/B9xlNWOqks