Who's the mogul now? Murdoch vs Sulzberger
Posted by Lauren Drablier on December 5, 2008 at 2:16 PM
Michael Wolff's recently launched biography of Rupert Murdoch, "The Man Who Owns the News," looks into Murdoch's personal life, his desire to acquire The New York Times and his dislike of Arthur Sulzberger.
As Wolff puts it, the NYT is Murdoch's "favorite train wreck," and goes on to state "I've watched [Murdoch] go through the numbers, plot out a Times merger with the Journal's backroom operations. He has conjured, too, how in Murdoch style, he might convince the Sulzbergers to let him in, if he promises to leave Arthur in charge--and how he could then make Arthur his puppet."
As Wolff puts it, the NYT is Murdoch's "favorite train wreck," and goes on to state "I've watched [Murdoch] go through the numbers, plot out a Times merger with the Journal's backroom operations. He has conjured, too, how in Murdoch style, he might convince the Sulzbergers to let him in, if he promises to leave Arthur in charge--and how he could then make Arthur his puppet."
Sulzberger has been criticized for failing to come up with a business model for the web that supports the NYT. According to The Economist, "He is running out of time to do so. Meanwhile, Mr Murdoch dreams of becoming his puppet-master."
Source: The Economist
Source: The Economist
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