Posts Tagged ‘Rupert Murdoch

27
Feb
09

Murdoch’s News Corp. is Facing a Murky Outlook

Lately, Rupert Murdoch has been facing much criticism in the media, especially from readers of the New York Post, as well as political leaders like the Rev. Al Sharpton, Gov. David A. Paterson, and Senator Kirsten E. Gillibrand.  Last week a political cartoon that was published in The Post depicted police shooting a chimpanzee with a caption that stated, “They’ll have to find someone else to write the next stimulus bill.”  While the cartoon was meant to criticize Obama over the stimulus bill he released, the picture itself was actually alluding to a chimpanzee that was shot earlier in the week because it attacked a woman in Connecticut. Many, however, took the cartoon to have negative racist implications. Murdoch made an apology today in the paper itself saying,

“As the Chairman of the New York Post, I am ultimately responsible for what is printed in its pages. The buck stops with me.  Last week, we made a mistake. We ran a cartoon that offended many people. Today I want to personally apologize to any reader who felt offended, and even insulted.”

As if this was not bad enough, Murdoch’s right-hand man, Peter Chernin, announced today that he would be leaving the News Corp. Company this June.  This information comes as the News Corp. stock continues to drop and the company has taken over $8 billion in write downs of assets

 

Photo from: Guardian.com

Photo from: Guardian.com




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