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Reagan removing the fairness doctrine and Murdoch setting up Fox News rank among the biggest blows in democracy and prosperity IMO.
I acknowledge that many left and center-left news organizations will also push agendas, tell partial truths, etc. (Fairness doctrine would help reign them in as well).
“It is irrevocable, but it includes a provision that gives Rupert the ability to make changes as long as he is acting solely in the best interests of his beneficiaries.”
:D
Outside of blatant corruption Murdoch probably isn’t getting out of that.
I’m not a lawyer, but the penalties alone over the 2020 election BS among many other things, arguably prove the the current editorial environment and management is bad for both the kids personally and the company as a whole. Damage to the company is ultimately damage to the kids, and Murdoch dug his own grave with that.