links for 2008-07-27

• What does Rupert Murdoch Want? Paul Steiger hasn’t a clue | Slate Magazine
  There is no bad Murdoch. There is no good Murdoch. And Steiger knows it. There is only Murdoch.
  (tags: rupert-murdoch news-corp wall-street-journal)
• The Growing Ownership of Private Equity In Media | The Media Business
  The [Clear Channel] sale is [part of] … a growing trend for private equity purchases of media firms… [It] stems from the fact that the market value of many does not reflect the underlying cash flows and asset values or the mid- to long-term prospects.
  (tags: clear-channel private-equity media valuations)

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