Interesting story from the Guardian paints a panoramic picture of trouble at the many Murdoch media interests. Could be. These properties court controversy. But the opening gambit featuring Prince al-Waleed bin Talal is weak. The writers frankly are guessing what he thinks. And while the Prince may be furious with Murdoch, there's nothing in the story to support that conclusion. Of course, the Guardian doesn't like Murdoch, and no doubt the reverse is true.
Monday, January 31, 2011
Sunday, January 30, 2011
What's the Internet -- do you write to it?
It was very amusing. But the 1994 clip in which Bryant Gumbel and Katie Couric discuss the Internet has been pulled from You Tube by "the user". It appears the laughing was heard a little too close some important person. SCOC upholds restrictions on media in court
Most by now will be familiar with the decision of the Supreme Court to deny wide-open access to the courts by the media and particularly videographers. Media reaction has not been favorable and focuses typically on occasions when judges appear to have lost their reason by closing courts and banning reporting. On the other hand, the media must be wise enough to understand that unfettered video in court raises enormous questions about the integrity of evidence. Like it or not, it is the judge who must decide whether every single thing said in court is to be made public.
Bookseller Borders to default on rent
A release from Borders Group says the bookseller will delay payments to vendors, landlords and others that are payable at the end of January. Borders says the delay is intended to help the company maintain liquidity while it seeks to complete a refinancing or restructuring of its existing credit facilities and other obligations. Borders has received a conditional commitment from GE Capital, Restructuring Finance for a $550 million senior secured credit facility.
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