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Paul Barry answers your questions – live Q&A Paul Barry answers your questions – live Q&A
(about 2 hours later)
Paul Barry, the host of the ABC's Media Watch, is also the author of a new book about Rupert Murdoch, entitled Breaking News: Sex, Lies and the Murdoch Succession. It is an investigation into where Murdoch goes now: at 82, recently divorced from Wendi Deng, battered by the phone hacking scandal and by corporate struggles, which of his children will he choose to succeed him? James is in disgrace; Lachlan doesn't want it; and Elisabeth, says Barry, is counted out because she's a woman. So what's likely to happen next?Paul Barry, the host of the ABC's Media Watch, is also the author of a new book about Rupert Murdoch, entitled Breaking News: Sex, Lies and the Murdoch Succession. It is an investigation into where Murdoch goes now: at 82, recently divorced from Wendi Deng, battered by the phone hacking scandal and by corporate struggles, which of his children will he choose to succeed him? James is in disgrace; Lachlan doesn't want it; and Elisabeth, says Barry, is counted out because she's a woman. So what's likely to happen next?
Paul has written extensively about Alan Bond, Shane Warne and James Packer, and in his day job is an expert on what's happening in Australian media.Paul has written extensively about Alan Bond, Shane Warne and James Packer, and in his day job is an expert on what's happening in Australian media.
Post your questions for Paul below; he'll be answering them here from 12.30 AEST.Post your questions for Paul below; he'll be answering them here from 12.30 AEST.
Your questions, and Paul's answers:
While the Murdochs may retain a large amount of power over News Corp, how significant is the role of ordinary shareholders in determining the future of the company?
Not much, frankly. There were big votes against James and Lachlan as directors at the last two News Copr agms, and attempts to change a range of other things, but they were defeated by the Murdoch block vote, even though up to 2/3 of outside shareholders wanted change. The Murdoch family owns 12% of the shares but has 40% of the vote approx.
You've written extensively about the media from the perspectives of Murdoch and Packer. How do you rate the ABC, both on air and on the web ?
I think the ABC is excellent. Better than 10 years ago when I was last there. The more commercial pressure there is on newspapers and TV the more we need public broadcasting I reckon
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