Yet one more Regan expose

Yeah, I know - enough Judith Regan already. But VF contributor Michael Wolff weighs in for the March issue (he went to school with her), and aside from all the stuff we've read by now - the sex, the anti-Semitic rages, the shameless self-promotion - is an intriging slant on News Corp. that sort of rings true. Basically, it's that Rupert Murdoch has gone soft and so, too, has News Corp. From VF:

Judith has been telling people that something has changed at News Corp. It's not the same company anymore. Murdoch himself has changed. His third wife, Wendi Deng Murdoch, is part of the problem. It's her craving for respectability that has made Murdoch weak, according to Judith. She might even be … liberal. Peter Chernin is … a Democrat. Gary Ginsberg worked for Clinton. Murdoch is forsaking his tabloid heart in the quest for mainstream, yuppie respectability. The greatest, most audacious media company of the age had become like any other—pitiably concerned about what people think. News Corp. is selling out. Judith Regan isn't. There might be something to this. Murdoch, over the last few years, has certainly morphed from a dark, ruthless, diabolical figure into a more complex, thoughtful, and, as he aged, vulnerable media sage. Judith, the tabloid monster, is, in some sense, the skin he's shed.

By the way, Regan's friends are saying that she's headed off to tabloid-happy London "to make it on her own," whatever that means.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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