Posts Tagged ‘News Corp.’

Dear Bancroft Family: STFU

July 14, 2011

Almost a year before Rupert Murdoch made an outlandishly high bid for the Wall Street Journal’s parent Dow Jones in the spring of 2007, initial reports surfaced regarding phone hacking at his British tabloid News of the World. It would eventually require further details to truly outrage the U.K. public, which had rock-bottom low expectations of News of the World’s ethics to begin with. But it’s safe to say that just the early pieces of the scandal would have been quite grave relative to the standards of a publisher the caliber of Dow Jones. (For that matter, so were the routine antics of several other Murdoch properties that Dow Jones might later suffer from being associated with. But let’s set that aside for now.)

This is why, as a former Journal reporter who witnessed the merger drama firsthand, I was dumbstruck to read a ProPublica story on Wednesday about second thoughts by the Bancroft family, the longtime Dow Jones owners who entertained and ultimately accepted Murdoch’s offer. Ex-Dow Jones exec Dick Tofel writes for ProPublica:

A number of key members of the family which controlled The Wall Street Journal say they would not have agreed to sell the prestigious daily to Rupert Murdoch if they had been aware of News International’s conduct in the phone-hacking scandal at the time of the deal.

“If I had known what I know now, I would have pushed harder against” the Murdoch bid, said Christopher Bancroft, a member of the family which controlled Dow Jones & Company, publishers of The Wall Street Journal. Bancroft said the breadth of allegations now on the public record “would have been more problematic for me. I probably would have held out.”

Really? Now you tell us?

I wonder how many of the following facts regarding hacking — all of them knowable before Murdoch’s bid or while it was pending — came up during merger negotiations. In that timeframe, it was already established that:

  • Phones had been hacked by News of the World. The paper’s royal editor and a private investigator had already been sent to jail for this, and the paper’s top editor had already resigned.

    Their victims were known to include Prince Charles and Prince William, both future kings of England. Perhaps the current head of state was spared only because she’s a more infrequent user of cel phones?

  • The guy set to take over as CEO of Dow Jones upon completion of the merger would be the former head of News International, the unit that includes News of the World and Murdoch’s other U.K. papers.

    Yes, the exec claimed at the time that hacking was the act of a single rogue at the newspaper. But come on. Any Dow Jones reporter can tell you that’s a standard party line at a lot of companies when scandal breaks, often disproven later.

  • The phone-hacking operation was at first estimated to entail more than 600 calls by the two initial criminal defendants. The private investigator had a contract with News of the World for 104,000 pounds per year. Think it was easy for a lone wolf to sneak that through the News International expense system without his bosses noticing?

  • News of the World had a general history of sleazy tactics, including routinely paying for scoops and misrepresenting themselves to sources. One undercover reporter dubbed the “fake sheikh” used to dredge up scandals on various prominent Middle Eastern nationals. This sort of thing had basically been going on since Rupert Murdoch bought that paper in 1969.

I really prefer not to revisit old news about my ex-employers in public. But you know what, sometimes there’s a certain word we use for old news: “history.” I just can’t stand by while someone revises such an important chapter of it to flatter himself or herself.

Items listed above were gathered through a quick search of the Google News archives, by the way. If you want to look for yourself, here’s a timeline the search engine generated of the early stages of the phone hacking scandal through the closing of the Dow Jones merger. Here’s a list of news stories from that period sorted by relevance.

Classic!

July 7, 2011

Loved the reaction of a journalist friend of mine who shall remain nameless when I brought up the News of the World phone-hacking scandal to him yesterday.

“Who knew they were so thorough as to go through all that trouble to get quotes?” he said. “I thought they just made stuff up.”

Newsflash! No One “Left in the Dark” in NY’s Latest TV/Cable Spat

October 16, 2010

In the wee hours here in a New York, a Big Media catfight got really ugly. Unfortunately, its effects on the average Joe are being seriously misconstrued by the local newspapers and the parties themselves.

The tiff has been brewing for awhile now between Cablevision and News Corp., owners of the local TV stations WNYW and WWOR. News Corp. is trying to get increased “rebroadcast fees” from Cablevision for the rights to show its stations’ programming. Cablevision is balking. After much brinksmanship, including nasty ads by both sides and this editorial by WNYW general manager Lew Leone shown a few days ago, News Corp. pulled its channels from Cablevision at midnight.

Throughout the dispute, the two sides have created the impression, mostly through implication, that Cablevision homes would be utterly unable to view WNYW and WWOR programming in a scenario like the one that has now come to pass. Leone even said in his editorial that he’s a Cablevision subscriber himself and that he’ll drive to his parents’ house this weekend to watch the Giants football game scheduled to air on his own station. There are also big baseball playoff games scheduled this weekend on WNYW, with the World Series to come afterward.

Now, I really don’t want to take sides in the dispute itself, especially since I used to work for the News Corp.-owned Wall Street Journal. But let it suffice that two high-profile companies are squabbling and that it’s indisputably newsworthy. Let’s also stipulate that both parties involved have an incentive to rally the public to their side, even if they have to gild the lily a bit. Can the public at least get an accurate account of what it all means to them from journalists?

As of this writing at 5:30 a.m. — hey, I’ve got a bout of insomnia — both the New York Times and the New York Daily News are credulously running with the customers-in-the-dark storyline. (Alas, I don’t see any update about the situation on the News Corp.-owned New York Post website yet. And Cablevision-owned Newsday has its story behind a paywall.)

The Times refers ominously to “the prospect that Giants and World Series games would be interrupted.” The Daily News writes that, “Cablevision customers may be out of luck when it comes to watching Saturday night’s baseball game.” Neither paper mentions an obvious work-around that a customer can use to not miss a single play in the sports action.

The catch is that every home that subscribes to cable also has a free broadcast signal, but not every house that has a broadcast signal subscribes to cable. It’s like one of those word problems from Statistics 101.

The implication: If you are a big sports fan and Cablevision subscriber this weekend, unplug your cable box for a few hours, plug in the old-fashioned antenna that your TV came with, and watch the game using the broadcast signal, happily drinking a beer while a bunch of executives and lawyers while away their weekend arguing with one another to get more money for their bosses. When the game is over, plug your cable box back in, give it a minute or two to reboot, and watch the recap on ESPN, if you’re so inclined. Done.

Follow

Get every new post delivered to your Inbox.

Join 5,128 other followers