Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Murdoch 'More Pessimistic' About Economy

Downturn worse than expected by Rupe, who won't fight for Yahoo

By Rob Quinn,  Newser Staff

Posted Mar 11, 2008 4:35 AM CDT

(Newser) – The last month has made media boss Rupert Murdoch "a lot more pessimistic" about the outlook for the US economy, Reuters reports. Ad revenue is below expectations at his TV stations and newspapers and he expects "a temporary downturn for a year or...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
There are no comments
A snapshot of the day's best news stories.
 

More Newser Stories

Journal Ad Revenue Plunges

Big Guns Battle Video Sharing With Free TV Shows

WSJ : Our Murdoch Coverage Wasn't Good Enough

WSJ Publisher, Dow Jones CEO Les Hinton Resigns

WSJ Plans Micro-Payments for Web Access


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment