Understanding that Britain is a lost front, he will retreat to his US stronghold. From New York, the process of disposing of the British papers, which, by reliable insider accounts, has begun, will hasten (meaning less qualified buyers will be considered, hardly a good outcome for British journalism); and the fate of BSkyB will be weighed.
Should they stand and fight? Can they hold on? Or is the cost insuperable, and the task impossible? They – the Murdoch family, and News Corp executives – still regard themselves as safe in New York. The seventh floor of 1211 Sixth Avenue is their bunker. Nothing less than a direct hit will take them out.
Much more:
