Succession: Murdoch’s Son Won’t Make Any Difference At News Corp, Says Australian PM

The New Diplomat
Writer

Ad

Okonjo-Iweala Says Economy Now Stable, Next task is Growth

• Urges Tinubu to provide safety nets for Nigerians amid economic reforms By Obinna Uballa  Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has called on President Bola Tinubu to prioritise social safety nets to help Nigerians cope with the hardships arising from his administration’s economic reforms. Speaking to State House correspondents on…

WTO To Appoint Okonjo-Iweala As Director-General Next Week

ADC’s David Mark Warns: Saturday’s By-Elections test of INEC’s Credibility

• Says ADC, a child of necessity By Obinna Uballa National Chairman of the African Democratic Congress (ADC) and two-times Senate President, Senator David Mark, has described the party as “a child of necessity” created from a genuine desire to provide Nigerians with better governance. Speaking in Abuja at a meeting with ADC candidates ahead…

Otti: Why FG’s Approved $125m IsDB loan is Crucial to Abia State

By Obinna Uballa Governor Alex Otti of Abia State has welcomed the approval of a $125 million financing facility from the Islamic Development Bank (IsDB) for the state's Integrated Infrastructure Development Project, describing it as critical and a “landmark milestone” that will drive road reconstruction, tackle erosion, and boost economic growth in the state. Recall…

Ad

By Ken Afor

The Australian Prime Minister Malcolm Turnbull has said there won’t be any difference at News Corp when Lachlan Murdoch, son of Rupert Murdoch takes over as chairman of the company.

Rupert Murdoch who announced his resignation as Chairman of Fox Corporation and News Corp on Thursday will pass on the baton of leadership to his son, Lachlan after 70 years being in charge.

His decades of leadership in the American media space and of course Australia disrupted the political terrain in both countries entrenching a conservative style of politics in countries where he has footprints on.

Many believed the media magnate was a powerful force in American, Australian and British politics.

Weighing in on his resignation, Turnbull who is not surprised says the media magnate has left America more angrier and divided since the civil war.

“He’s built a vast global media empire, and no doubt the business pages will give him credit for that. But he has done enormous damage to the democratic world and, in particular, to the United States,” he said.

He added: “The anger-tainment ecosystem that Fox News, above all, has created in the US has left America angrier and more divided than it’s been at any time since the civil war. It is sought in order to keep its ratings up, it is sought to enrage Americans, divide Americans, and divide them against each other.”

On Lachlan’s new role, the Australian PM sees him more ideological than his father and business will go on as usual.

“I think Rupert has always been fascinated by power — he’s drawn to it like a moth is to a flame — and so he’s enjoyed exerting the power that he has over the political system. And Rupert’s politics have evolved to be broadly right-wing, I would say.

“But, I agree, I think Lachlan is, if anything, more ideological than his father. So, I don’t think there’s going to be any change for the better, that’s for sure,” he added.

Also, British finance minister Jeremy Hunt, says Murdoch had great influence in British politics but lauded his doggedness and achievements in the media.

Noted Hunt: “Well, he is someone who, love him or loathe him, had a defining influence on all of our lives over the last half century.

“I recognise there’ll be lots of other things that he’s done over the years that people disagreed with. But I don’t think anyone would disagree this was an absolutely formidable operator.”

Ad

X whatsapp