JAmes murdoch

Fox News pundits decry Imam Feisal Abdul Rauf, who's sponsoring a mosque in lower Manhattan, as a threat to America. But for Fox's parent News Corp., doing billions of dollars in investment deals with a nephew of Saudi Arabia's king is just business as usual. And it shows how much more nuanced it is to run a multinational media giant today.

There's no love between Roger Ailes (left), head of Fox News, and Howell Raines (right), the former New York Times executive editor who recently called for all journalists of good conscience to oppose Fox. "He's obviously hallucinating in some way," Ailes told me Wednesday.

In Stephen King's novel The Stand, when the apocalypse arrives, the forces of good gather in Boulder while the hosts of evil flock to Las Vegas. In real life, in the midst of apocalyptic times for the media industry, the proponents of paid content are massing under the banners of Rupert Murdoch and...

For News Corp. (NWS) Chief Executive Rupert Murdoch, all of the news lately has been bad. His long time right-hand man Peter Chernin reportedly is leaving his role as company president, and his daughter Elisabeth turned down a spot on News Corp's board because it would have required her to sever...