New York Times Magazine staff writer Jonathan Mahler and media reporter Jim Rutenberg teamed on a colossal, three-part investigation of Rupert Murdoch’s media empire (and family drama), using the mogul’s sale of his 21st Century Fox empire to Walt Disney as the catalyst for an incredibly noxious hit piece on Fox News, which is accused of virtually everything wrong with the world. The tone is amazingly ideological and personally hostile, perhaps the most virulent and conspiracy-minded attack on Fox News ever issued by the paper, certainly the longest one, against some stiff competition. It reads more like a paranoid left-wing screed from The Nation or In These Times than it does content for an objective newspaper.
By now, the shock and awe of Rupert Murdoch’s December 14 sale of 21th Century Fox to Disney has set in, so it’s worth a look back at how Murdoch built Fox into the mammoth film and television force it’s become today. Born in 1931, the Australian-born Murdoch has he left an indelible mark on the media industry. After inheriting his father’s media empire, he eventually acquired a slew of television stations, as well as the iconic movie studio 20th Century Fox from oil magnate Marvin Davis.
By now, you’ve probably heard the news. The Walt Disney Company has announced a definitive mega-deal to merge with Rupert Murdoch’s 21st Century Fox, which includes the FX cable channel and – more importantly – the 20th Century Fox motion picture studio. The deal is worth over $50 billion, and is set to close by the end of next year. It does not, however, include the FOX Broadcasting Company, FOX News, FOX Business, and channels such as FS1 and FS2 — all of which will be spun off into an independent company.
On Monday, just three days after President Donald Trump signed an executive order preventing people in seven countries -- Syria, Iraq, Iran, Sudan, Somalia, Libya and Yemen -- from entering America for 90 days, executives from three media-based companies moved to protect any employees affected by the situation.
On Tuesday’s World News on ABC, correspondent Jeffrey Kofman asserted that News Corporation founder Rupert Murdoch was a "man infamous for his ruthlessness and his arrogance" as he filed a report on Murdoch’s testimony in front of the British parliament.
Kofman also seemed to mock the News Corp founder as he remarked that "he's the boss, but the buck does not stop with him, and he is not planning to step aside."