7 ms·
Why I’m stepping down
- Zetobal 3y agoIt honestly reads like a parody.
- zht 3y ago`Our companies are in robust health, as am I` is he really in good health?
- civilitty 3y agoNope: https://www.vanityfair.com/news/2023/04/rupert-murdoch-cover-story https://www.vanityfair.com/news/2023/04/rupert-murdoch-cover... He was in relatively poor health even before getting COVID. It’s been a downward slide since
- gonzo41 3y agoThe actuarial life tables don't have a special column for billionaires. Regardless of what SV longevity hackers think they know. He's got ~3-5 years.
- willis936 3y agoAs with any neocon: you can take what they say, invert it, and understand what they mean.
- exmicrosoldier 3y agoHis real estate companies are not in good health.
- julianeon 3y agoStarting next year, Murdoch will be 93. According to this actuarial table from the US government, for a male age 93-101, the probability of dying in any given year varies from 25% (low end) to 40% (high end). Note that it's a number that only goes in one direction - up. https://www.ssa.gov/oact/STATS/table4c6.html https://www.ssa.gov/oact/STATS/table4c6.html
- kstrauser 3y agoFor a lich, sure.
- nu11ptr 3y agoIt is titled "Why I am stepping down" and then, to the best I can tell, only gives this as a reason: "But the time is right for me to take on different roles". In short, corporate-speak for "I'm not going to tell you why, but I'm going to pretend that I am".
- mperham 3y agoMurdoch is in his 90s. We don't need a clue to crack this case.
- maxehmookau 3y agoIt blows my mind that he's willing to complain about "elites". Does he genuinely not consider himself part of the "elite"? He owns most of the world's media and a sizable chunk of the planet's wealth. What else could he need to consider himself elite?
- dopamean 3y agoHe absolutely is part of the elite as are basically everyone he associates with. In my experience when conservatives (rich or poor) start complaining about "the elites" they're almost always talking about Democrats and not always the rich Democrats. I'd bet that if polled a sizable chunk of conservatives in America wouldn't consider Trump to be one of the elites.
- sokoloff 3y agoTo be fair, many non-conservatives also don't think Trump is elite.
- maxehmookau 3y agoThe same thing happens in the UK. I just don't understand how anyone can fall for it. These unfathomably rich people pointing their fingers at the comfortable middle-class and calling _them_ the elite.
- brigadier132 3y agoWhen Republicans refer to "Elites" it is short for "Coastal Elites", think overeducated upper middle class person with a lot of opinions and ideas for "simple" things that could be changed to "make the world a better place". There is another brand of elite on the Republican side that I'm not sure there is a name for as evocative as "Coastal elite". There is "Religious elite" and maybe "Business elite" (but this group sometimes can be categorized as coastal elite)?
- InitialLastName 3y ago> lot of opinions and ideas for "simple" things that could be changed to "make the world a better place". Something like "If we just got rid of all the regulation, the free market would be able to solve all of our problems"?
- kibwen 3y agoIt makes sense to practice stepping down now. If Dante is to be believed, it's a long journey down to Malebolge.
- eptcyka 3y agoThis is the end of succession we didn't get to see.
- mrala 3y ago“My father firmly believed in freedom, and Lachlan is absolutely committed to the cause. Self-serving bureaucracies are seeking to silence those who would question their provenance and purpose. Elites have open contempt for those who are not members of their rarefied class. Most of the media is in cahoots with those elites, peddling political narratives rather than pursuing the truth.” I would say the lack of self-awareness is astonishing but as is the usual case with reactionaries, this is pure projection.
- bitsnbytes 3y agoLOL , exactly what I was thinking . Either he has 0 self awareness, has gone complete senile , or he is at the top of cow dung pushers.I tend to think he is at top of the dung pushing business.
- TradingPlaces 3y ago“I hate elites,” says billionaire owner of multinational media properties.
- hackyhacky 3y ago"Most of the media is in cahoots with those elites, peddling political narratives rather than pursuing the truth," says the billionaire who has been supporting another billionaire's political career since 2015, with very little regard for the truth.
- lokar 3y agoYet again the authoritarian right accuses the left of their own actions.
- luxuryballs 3y agolet’s not pretend that manufactured consent isn’t a bipartisan game, it’s just a petty trick to keep us barking up the other tree
- r721 3y agoAnother discussion: https://news.ycombinator.com/item?id=37597264 https://news.ycombinator.com/item?id=37597264
- blisterpeanuts 3y agoMr. Murdoch is 92 years old; it seems to me he doesn't need to explain to the world why he is stepping down from a major role.
- mellosouls 3y agoYou only need to look at the US presidential runs to see why it might actually need to be explained.
- wackget 3y agoI know Hacker News doesn't want you messing with article titles... but you couldn't have added "Rupert Murdoch: " to the title of your submission?
- bdcravens 3y agoI believe it was originally submitted as such and was then changed to the actual title.
- dredmorbius 3y agoHN mods occasionally do this to reduce the extent to which people are responding off the title alone rather than the substance of the article, particularly in the case . This is especially so in the case of highly polarising topics, or people, as here, which tend to give rise to "title fever". I don't necessarily agree with this, either generally or in specific instances, but I understand the rationale. See: <https://news.ycombinator.com/item?id=21622388 https://news.ycombinator.com/item?id=21622388> <https://news.ycombinator.com/item?id=23555000 https://news.ycombinator.com/item?id=23555000> "Title fever" generally: <https://hn.algolia.com/?sort=byDate&dateRange=all&type=comment&storyText=false&prefix=false&page=0&query=by:dang%20%22title%20fever%22 https://hn.algolia.com/?sort=byDate&dateRange=all&type=comme...>
- mdp2021 3y agoForcing the public to check the source to have that title make sense.
- CodesInChaos 3y agoIn the original source, that's the first line of the headline, so I wouldn't even consider including the name "messing with the article title". But bdcravens is right, the submitter included the name, and it was later removed.
- pizzaknife 3y agoThis reads like a love letter to shareholders; of which, I am not. The reason i say this? love em or hate em: Murdoch leaving the helm means fiscal uncertainty for shareholders. I wish him and everyone else well (of course i always have so this comment is as much drivel as the "news" article)
- whalesalad 3y agoWaystar Royco is down 13 points after this announcement
- NickC25 3y ago> Most of the media is in cahoots with those elites, peddling political narratives rather than pursuing the truth. Bitch, please. You're a multibillionaire who started a disinformation network that's been banned in several western nations (including your home country) due to blatantly pushing bullshit. Your very same network has argued in court (and won!) that no sane person should believe anything your most watched presenter says because it's so blatantly wrong that nobody with a brain would think he's correct. Your network was started so that the GOP could get their talking points in ("the thinking is done for you") so a repeat of Nixon could never happen again. Your network just got slapped down in court to the tune of $750 million USD because it knowingly pushed lies and falsehoods about the US 2020 presidential election. You are the epitome of the elites you complain about. Take your billions and kindly fuck off. The truth is that you're a megalomaniac prick who is solely responsible for the brainwashing that has killed millions, and destroyed tens of millions of families by purposely dividing the USA with your half-truths, your lies, and your dog-whistle pandering.
- deltarholamda 3y ago>destroyed tens of millions of families by purposely dividing the USA with your half-truths, your lies, and your dog-whistle pandering This makes it sound like there are two sides, where one side is smart and is never fooled by propaganda, and the other side is easily gulled by flashy TV effects.
- meepmorp 3y ago> This makes it sound like there are two sides, where one side is smart and is never fooled by propaganda, and the other side is easily gulled by flashy TV effects. I think you're reading a bit more into the comment than the author put into it.
- deltarholamda 3y agoNot sure how else to read it. The implication was that Murdoch divided families, and that he used deception to do it, and they were dumb or foolish enough to fall for it. I get the anger at Murdoch. I just wonder why the same anger isn't directed at other half dozen TV news outlets that are equally untrustworthy.
- scanalyst 3y agoIntroducing: The Chairman Emeritus podcast
- truculent 3y agoHe's bad, but he'll die. So I like it!
- hermitcrab 3y agoMurdoch has possibly done more damage to the UK than any other living human.
- miguelazo 3y agoUmm, don't forget about the US/world. Bush administration got a lot of key help from them, just to name one example.
- hermitcrab 3y agoNo doubt that's true. But I don't live in the US so don't feel very qualified to comment.
- theonlybutlet 3y agoThe late on a Friday afternoon comment is a bit strange, rather pointed.
- hackyhacky 3y agoIt's early Friday morning in Australia right now, and nowhere on Earth is it late Friday afternoon at the moment.
- whalesalad 3y agothis is a reference to a line in the article
- mdp2021 3y ago> late on a Friday afternoon comment is a bit strange, rather pointed Why? And what do you mean with "«rather pointed»"?
- ericfrazier 3y agoWhat a total piece of filth.