The Wall Street Journal interviews him.
It’s a good one.
Rupert Murdoch at his best!
Just the final Q&A:
WSJ: The Tribune company was shopped around for quite a while.
Mr. Murdoch: Yeah, but there weren’t any buyers.
WSJ: There was one in the end.
Mr. Murdoch: For $90 million. Risk. That’s in the figures …
WSJ: Why didn’t you do it?
Mr. Murdoch: Don’t want to spend the rest of my life going through that, getting rid of people, ugly. I think they’re in decline, they can fire a few hundred people everywhere, save a couple of hundred million dollars … I guess they will have a billion a year to pay down the debt, that’s what it sounds like. No, a bit less … I would have thought that, although the decline in readership … will probably go on…
WSJ: They’re all going to MySpace.
Mr. Murdoch: I wish they were. They’re all going to Facebook at the moment.
(Via John Duncan)