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October 9th, 2009

Rupert Murdoch: You call it free news, I call you ‘kleptomaniac’

Posted by: Robert MacMillan

Lest anyone doubt the thrust of Rupert Murdoch’s speech on Thursday (or was it Friday? I’m losing track of time zones) at the World Media Summit in Beijing, it was all about paying for news — as in: You’re going to pay for news, and if you think it shouldn’t cost you anything, you’re a “flat-earther” and a “kleptomaniac.”

For those of you accustomed to the News Corp CEO’s occasional verbal ramblings and hints of ghosts of suggestions, this was a departure. He has gone on the record in great detail about his thoughts regarding paid news, but this is the first time that I recall him using fightin’ words like “flat-earther.”

Murdoch also “urged the Chinese government to take full advantage of the country’s creative potential by opening the door to media competition and ensuring that intellectual property is protected,” according to the speech and the press release, but let’s be clear — the message that resonated was: “You’re going to pay for news as long as we need to pay people to report it.”

Here’s the Reuters take, “leding” on China.

The New York Times’s David Carr throws in some similar comments from the head of The Associated Press, and says that it and News Corp are “cocking the gun” on free news. Pungent!

And here is the AP’s take on its own story.

Finally, here’s the speech itself. There’s plenty to digest.

Rupert Murdochs Speech at the World Media Summit

(Reuters Photo: Rupert Murdoch on the left, China’s president Hu Jintao on the right. Behind them is David Schlesinger, who runs Reuters News)

September 16th, 2009

NBC, News Corp practice Olympic hedging

Posted by: Robert MacMillan

Big media executives are developing a new Olympic sport — hedging. Two of the best contenders are NBC-Universal Chief Executive Jeff Zucker and News Corp CEO Rupert Murdoch.

Attendees at the Goldman Sachs Communacopia conference in New York City asked both executives on Tuesday if they were interested in bidding for rights to broadcast the 2014 Winter Olympics and the 2016 Summer Olympics. Both answered the question in ways that sound different until you realize that they actually sound… the same.

Murdoch said “We haven’t thought about it” and concluded with “I wouldn’t think so.” Zucker said, “We’ll have to see what happens. We’re not going to make any decision that doesn’t make business sense. …. The Olympics are an important part of the company and something we’d would like to be involved with if it makes business sense.”

Murdoch pointed out what would make business sense for both companies: holding the summer games in Chicago. If the Windy City gets the spot, expect the executives to firm up their answers quickly, and come back saying “yes.” That would make a good advertising opportunity for whoever gets those broadcast rights.

However (there’s always a however), the International Olympics Committee doesn’t plan to award broadcast rights until it votes for the city that will host the games. That will be either Chicago, Rio de Janeiro, Tokyo or Madrid. No sane U.S. network executive is going to show how much they want the broadcast rights before that vote, because they don’t want to make Chicago-sized bids for a Madrid-sized spectacle. So until the IOC votes, expect to hear little more than tepid interest in the games.

(Reuters Photo: Jeff Zucker, très sportif.)

August 6th, 2009

Counter-Revolution?

Posted by: Eric Auchard

FoxTVRupert Murdoch used News Corp's fiscal fourth quarter conference call on Wednesday to say he wants to be paid ANYTIME his news is read online. Perhaps he was just in a cranky mood, but most of the reporters listening to the call thinks he's going beyond what he's said many times before on the topic.

The digital revolution has opened many new and inexpensive methods of distribution, but it has not made the content free. Accordingly, we intend to charge for all news websites.

The Sun, 6 Aug 2009That's not just for newspapers and websites, but also for his TV news channels, like Fox, and by implication, Sky, when viewed online, Murdoch said.  However, when asked if he will be charging for celebrity photos from newspapers such as The Sun or News of The World, it was by no means clear he's figured out how to make visitors pay to view these other than by watching ads.

He said he's prepared to be first among his competitors to do this and considering introducing a paid-content plan for News Corp web sites in the company's current fiscal year that ends in June 2010.   

Of course, there's nothing counter-revolutionary about content creators wanting to get paid. It just made the blog posting trifecta work.    

(Transcript: News Corp Q4 2009 conference call, Seeking Alpha; Image: The Sun)                                           

See also Revolution and Evolution

July 13th, 2009

Sun Valley: Execs join reporters in bar exile

Posted by: Yinka Adegoke

Allen & Co might have thought they were being helpful to executives by shutting out the working press from the usual mingling with the executives at the Sun Valley Lodge bar. Its annual media and technology conference includes the reminder to its attendees that they’re not supposed to talk to the reporters who fly out, uninvited but not unwelcome, to try to get the big guys to talk

Maybe it wasn’t so helpful. At least four CEOs told MediaFile and other reporters privately here that they were less than impressed with the decision. Executives who wanted to speak with individual reporters or hold court with several at a time had to do it outside the bar. And that’s just what many of them did, opting to hang with each other and various journalists in the lobby outside the bar, leaving the wonderful staff of the lodge’s bar to ferry drinks out to the crowd.

Google CEO Eric Schmidt held his annual sit down with reporters on Thursday by the fireplace in the lobby of the Sun Valley Inn, and a bunch of other top movers in the media world from Hearst Magazines chief Cathleen Black to News Corp CEO Rupert Murdoch and Time Warner Inc CEO Jeff Bewkes seemed to think little ill of jawing with the press during cocktail hour.

The hired security at the event said Allen & Co made the decision on Tuesday after someone complained. The decision reversed years of tradition here where the press and executives mingle in the evenings to have off-the-record chats and trade gossip.

On Saturday, the last day with just one (MediaFile) reporter left, the security seemed to relax a little. The head of security told this reporter, “I’m letting you get away with murder because you’re the last guy here.”

Let’s see if we can apply that policy to the bar next year. Everyone can use a little social lubricant, especially executives and the reporters who make their living off covering what they do.

July 10th, 2009

Sun Valley: Murdoch has nothing to say on wiretapping

Posted by: Yinka Adegoke

When it comes to wiretapping in the UK, the key question for Rupert Murdoch, chief executive of News Corp, is what did he know and when did he know it?

Murdoch’s News of the World is caught up in new allegations that its journalists intercepted mobile phone voicemails of Hollywood celebrities and athletes. British police have said they are not re-opening a 2005 investigation, which saw the firing of then News of World editor Andy Coulson.

Many want to know how far up the chain of command did knowledge of this alleged activity went. So what does Murdoch have to say on this matter?

“Nothing to say at all,” he told Reuters at the Sun Valley conference late on Thursday afternoon.

Murdoch recently promoted The Sun Editor Rebekah Wade to CEO of News Corp’s News International unit based in London. So in light of the scandal, we asked Murdoch if Wade’s job is safe?

“Don’t be silly,” he said gruffly, and set off pretty quickly for a 78-year old media mogul.

(Photo: Reuters/Rick Wilking)

July 9th, 2009

Live Blogging from Sun Valley (Day 3)

Posted by: Franklin Paul

Reuters reporters Robert MacMillan, Yinka Adegoke and Alexei Oreskovic will be sending live updates from the Sun Valley gathering. Read their updates below or follow us on Twitter.

July 8th, 2009

Sun Valley: A Who’s Who in pictures

Posted by: Franklin Paul

Nearly every powerful media and technology executive you can think of will be camping out in the idyllic and affluent ski resort town of Sun Valley this week. Here are just a few…

Robert Kotick, CEO of Activision Blizzard, Michael Larson of Cascade Investments and Ron Meyer, president and COO Universal Studios arrive at the Sun Valley Inn.

Fashion designer Diane von Furstenberg and her husband Barry Diller, chairman and CEO of IAC/InterActivecorp, arrive at the Sun Valley Inn with Eric Eisner.

Philippe Dauman, CEO of Viacom, arrives at the Sun Valley Inn with his wife Debbie

Chairman of Liberty Media John Malone (and a gaggle of press)

Rupert Murdoch, chairman and CEO of News Corporation

Herb Allen, president and CEO of investment bank Allen & Company, which hosts the event.

(Photos:Reuters/Rick Wilking)

July 8th, 2009

Live Blogging from Sun Valley (Day 2)

Posted by: Franklin Paul

Reuters reporters Robert MacMillan, Yinka Adegoke and Alexei Oreskovic will be sending live updates from the Sun Valley gathering. Read their updates below or follow us on Twitter.

July 8th, 2009

Sun Valley: David Carr’s advice for reporters

Posted by: Robert MacMillan

The Bald Mountain resort in Sun Valley offers moguls for advanced skiers all winter long. Media reporters show up every July for the other kind of mogul, who lands among the picturesque Idaho mountains on a private jet and has a name like “Rupert Murdoch” or “Barry Diller.”

Reporters are supposed to be part of the scenery — not part of the conference itself.* They must stand around and hope that one of the more than 200 invitees decides to speak to them, and hopefully dispense a few nuggets of news. Fortunately, this week’s weather is supposed to be sunny, dry and warm during the day, and comfortably chilly at night.

For a Sun Valley freshman like this Reuters reporter, it sounds scary terrifying, despite the clement weather forecast. I asked New York Times media columnist David Carr, who covered the conference in 2007, for some advice. Here are some excerpts from our phone conversation;

Why did you go to the Sun Valley conference?

I was sent because (NYT deals columnist) Andrew Ross Sorkin was getting married. I was actually on vacation at the time, (but) Andrew is somebody at the paper who, whatever he asks for, we have to do. I was actually happy to step into the breach.

What kind of reporting do you do?

You’re arguing over real table scraps and taking deep meaning from people sitting physically
adjacent to each other by the duck pond, but you can’t hear what they say… I got a big get. I saw Rupert Murdoch in a parking lot walking and talking to somebody. I can’t remember who he was talking to, but that constitutes a huge get in the context of Sun Valley. (Was it CNN’s Anderson Cooper? We don’t know.)

Where does a reporter fit in to the Sun Valley pecking order?

Your status there is non-status. When people say you spend your time jumping out of the bushes, they’re not kidding. … You’re all confronted by the same miserable circumstances. … The Allen people make it clear that no accommodation at all will be made, and that you are not invited. They’re not nasty about it, they’re not pernicious about it, but they’re very clear about it. (Read about Carr’s close-up shot with a burly security guard if you want proof.)

How do you make news there?

At Sun Valley, you’re more or less handed some lint balls, a couple of twigs and some rocks and told to make a narrative out of that. It can get ugly and it can lead to some fatuous journalism. … If you’re willing to leave your dignity at the door, keep your expectations under control and make sure to manage your editor’s expectations, you’re going to get your moguls in frolic. There’s worse things than that.

We’re not above asking for some avuncular, reporterly advice about how to handle Sun Valley. Leave your comments here!

* Some journalists do get invited, and this year’s elite include CNBC anchorwoman Erin Burnett, interviewer of the high-and-mighty Charlie Rose, New Yorker media writer Ken Auletta, longtime NBC news anchorman Tom Brokaw, New York Times columnist Thomas Friedman, Huffington Post Senior Editor Willow Bay and Washington Post columnist David Ignatius.

(Photo: The sign says it all for reporters and photographers covering last year’s Sun Valley media and tech conference. Reuters/Rick Wilking)

July 7th, 2009

Sun Valley: Reuters returns to Idaho

Posted by: Robert MacMillan

Nearly every powerful media and technology executive you can think of will be camping out in the idyllic and affluent ski resort town of Sun Valley this week. They have aimed their Gulfstreams squarely at Idaho so they can show up at the 27th edition of Allen & Co’s media and technology conference, which investment banker Herb Allen holds every summer here.

That means nearly every media reporter you can think of will be hovering among the hedgerows and parking lots (and in the bar, naturally), waiting to get a few precious seconds with super-wattage movie executives from DreamWorks’s Jeffrey Katzenberg to Paramount’s Brad Grey, technology heavyweights such as Michael Dell and Bill Gates, media kingpins Philippe Dauman and Rupert Murdoch and fresh-faced startup darlings like Facebook’s Mark Zuckerberg, Twitter’s Evan Williams and Ning’s Gina Bianchini.

Reuters, of course, will be among the press crew at the scene. Reporters Yinka Adegoke and Alexei Oreskovic will show up, as will I, and photographer Rick Wilking will be shooting the pictures that at Sun Valley often tell a more eloquent story than any text dispatch can.

We and a bunch of other journalists will be working around the clock (literally) to get these powerful, and often reclusive bigs to tell you what the next stunning media and technology deals will be. We’ll also be asking them how they are keeping their companies in business amid big changes in the ways people inhale their news and entertainment, as well as how they are dealing with the fallout of an economic crisis last year that nearly capsized the financial system.

Also, keep an eye out for the glamorous or the unusual. Sun Valley guests typically show up with their families, and the whole affair is supposed to be casual. That means there’s always the possibility that Murdoch could lose more than his wedding ring. And celebrities, such as investor Vivi Nevo’s wife, actress Zhang Ziyi, are often part of the program.

Check back with us at MediaFile, and remember to read Reuters’s dispatches from Sun Valley. Allen & Co might keep the press outside, but we’ll be working hard to bring you the inside story.

(Photo: Designer Diane von Furstenberg and her husband, IAC/InterActiveCorp CEO Barry Diller at last year’s conference. They are the kind of media star-power that cruises around Sun Valley, Idaho, for a few days every summer. Reuters/Rick Wilking)