As much a part of the saucier side of British 20th-century
life as cheeky seaside postcards and innuendo-loaded
comedies, the topless models in Britain's best-selling daily
paper might soon be no more.
Rupert Murdoch has turned from one straight-talking New
Zealander to another, appointing pay-TV executive Mike Darcey
to run his troubled British newspaper arm through what is
likely to be another tumultuous period for the Sun and Times
The Rupert Murdoch-controlled News Corporation recently
announced it was considering the split-off of its publishing
businesses into a separate publicly traded company. Craigs
Investment Partners broker Chris Timms believes the split
will be positive for the shares, even beyond the initial
reaction. Business editor Dene Mackenzie reports.
News Corp chairman Rupert Murdoch took a swipe at Tom Cruise
in a series of tweets that labelled the Hollywood star a No 2
or No. 3 person in the hierarchy of Scientologists, a group
the media mogul called "creepy."
The Rupert Murdoch-controlled News Corp is likely to split
into two separate public companies, with brokers suggesting
the company sees better value in its assets than is being
reflected in the current share price.
Former British Prime Minister Gordon Brown has flatly
contradicted media tycoon Rupert Murdoch at a judicial
hearing, suggesting the News Corp chief had misled the
government-sponsored inquiry into press ethics under oath.
Tony Blair's decision to openly court Rupert Murdoch to win
power and ensure favourable coverage during his decade-long
tenure as British prime minister will come under scrutiny
when he faces a media inquiry today.