![]() The abuse of power by media owners is all the more serious given that the trend worldwide is towards fewer owners each owning more media assets. His hands-on approach to running his newspapers, magazines and TV stations is well documented in The Rise and Rise of Kerry Packer by Paul Barry. She was more fortunate than other editors and employees of Kerry Packer. Deborah Coddington says the owner of the magazine for which she wrote, Australian Kerry Packer, didn't interfere with her or the magazine. Indeed, governments have been made or broken by the deliberate actions of media owners. Thus the free flow of information falls victim to the commercial priorities of a media mogul. When the BBC's reporting offended the Chinese, Murdoch promptly removed the BBC service from his Star satellite beaming into China because the issue threatened his delicate negotiations to break into the vast Chinese media market. It is certainly not atypical of Murdoch's style. The news is what we tell you it is." This example is unusual only in that the incident was so transparent and the justification so candid. Defending their firing of the reporters, the station executives explained: "We paid $3 billion for these stations. The station had recently been bought by a company owned by Rupert Murdoch. They were asked by their bosses to soften their report. ![]() Two reporters for an American television station were working on a story critical of the giant chemical firm Monsanto. But it really does matter because ownership of media confers power, and power can be abused. government’s current attempts to ban some Chinese companies.Comment by PAUL NORRIS* "It doesn't really matter who owns news outlets," read the headline on a column by Deborah Coddington. The distinction could become important if News Break continues to grow, given the U.S. ![]() high-tech company incorporated in Delaware, headquartered in Mountain View,” with the majority of its workforce in the United States and a focus on the U.S. “If local publishers are struggling, if the newspapers are diminishing every year, then sooner or later we are out of business.”Īnd while Zheng previously led Yahoo Labs in Beijing and was also founding CEO at Chinese news startup Yidian Zixun - plus, the startup has team members in Beijing and Shanghai - he emphasized that this is a “U.S. When I suggested that publishers and journalists may be leery about relying too much on a third-party platform to reach their audience, Zheng argued that News Break’s incentives are very different from the big internet and social media platforms. Zheng said that while News Break already shares ad revenue with publishers, he’s hopeful that the value it provides those publishers will only grow over time: “We want to give as much money back to the creators as possible.” The startup says it’s currently reaching 12 million daily active users. App Store multiple times (it’s currently ranked No. The local focus may be increasingly valuable given the broader economic challenges facing the local news business - as Zheng put it, there’s “strong user demand” for local news but “weak supply.” And the strategy seems to have paid off for News Break so far, with the app reaching the top spot in the News category of Apple’s U.S.
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