"Crony capitalism is not capitalism - it is cronyism." — Rupert Murdoch

The CNN international is a different service - it is even more leftist and anti-American than CNN is. That's their business, that's fine, but it can't be getting any revenue. There is no cable network that I know of anywhere in the world other than in America that pays them for their products.

People are playing games on their TV, young men are, and people are shopping... they are not watching their news channels, but they are using their TVs for other things.

A lot of people are very happy to read their newspaper either on their iPad or - startlingly and faster and faster the figures go up - on their telephone, on their smart phone.

Great journalism will always attract readers. The words, pictures and graphics that are the stuff of journalism have to be brilliantly packaged; they must feed the mind and move the heart.