Thursday, October 1, 2009
Rupert Murdoch: "The internet is nothing more than a series of tubes"
Like most 78 years olds, the internet is a puzzling thing for News Corp's CEO and founder Rupert Murdoch. Despite everything he's done in the media business for the past half century, he can't appreciate or immerse himself in the changing dynamics of the internet the way people who didn't grow up in the era of Citizen Kane can. Vanity Fair's Michael Wolff does a great job of explaining why. Make no mistake though, News corp will thrive under its heir apparent; Murdoch's technocrat son, James Murdoch.
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