The Chaser Report - Rupert Murdoch's Next In Line Is....
Episode Date: July 28, 2024In honour of Rupert Murdoch failing to choose who will take the next position as head of his empire, listen back to the episode we released when he first announced he was stepping "down" as the Fox Ne...ws chairman. Hosted on Acast. See acast.com/privacy for more information.
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The Chaser Report is recorded on Gadigal Land.
Striving for mediocrity in a world of excellence, this is The Chaser Report.
Hello and welcome to The Chaser Report with Charles and Dom.
Just kidding, neither of them are here.
My name is producer Lachlan.
I'm here to transition you from the start of an episode to the start of the actual thing you'll listen to today.
I thought for a bit of fun, given the fact that all of the succession stuff is happening
with the Murdoch family.
Ooh, who's he going to give it to?
Lockland or James?
Find out on the next episode of Real Life Succession
that we could listen to the episode
that Charles and Dom recorded
when Rupert Murdoch stepped down
as the head of Fox News International.
It was big news.
He stepped down into the role of Chairman Emeritus.
I'm not sure when stepping down
is usually you giving yourself a promotion.
But apparently,
In the Murdoch family, it is.
So here have a listen to Charles and Dom making their predictions about what would happen next for the Murdoch Empire.
And we'll see how accurate their predictions were for what's happening in the real world now.
Alrighty, too easy.
Stay tuned.
Listen to that one after this.
Dom, what an amazing end to the week last week.
Charles, I can't record.
I'm too sad.
I didn't think Rupert Murdoch would ever leave the position of CEO of Foxx.
and news.
It's a shock that a man in his early 90s
would be wanting to give work away.
I don't see how this is even possible.
I thought he had decades left, Charles, decade.
Yeah, well, especially with all the sort of new modern treatments
where they scrape the stem cells from aborted fetus.
Is that what they do?
Is that how he looks so good?
Yeah, yeah.
Oh, totally.
He's got that whole aborted fetus sheen.
Oh, absolutely.
It's a good look.
It's a very good look.
I would have thought he had several more marriages in him a lot more.
There are still a few newspapers.
I think he's done this to free himself up.
Offer his main job.
Yeah, to sort of start enjoying life and, you know, actually do something with his life.
Yeah, I mean, look, he hasn't bought a few things.
The New York Times, he hasn't bought yet.
Well, he wants to buy The Spectator.
That's the latest room.
Does he?
Yes, yes.
Because the thing is, he didn't actually step down.
He stepped up.
He stepped up.
Yeah, because he's now emeritus chairman.
Emeritus.
Imagine having the daddy issues that you would presumably have as Lachlan.
And then when you finally get a job that's actually not.
underneath your dad.
You know, you get to be the actual head of News Corp.
He then, in the same fucking announcement, like in the second sentence, goes, I will be
stepping up as emeritus.
I'm not stepping away, and he's still threatened to come into the offices on Friday afternoon,
on Friday on Friday nights.
Friday nights, a great night to bump me to the old bloke if you work for news anywhere in
the world.
More in a moment.
So, Charles, I'm thinking about repositioning myself as Emeritus podcast.
It comes from, Emeritus basically means through merit.
Yes.
And what merit Murdoch has accumulated during his time running news?
What an amazing collection of merit he's had over the years.
And there's so many highlight.
I particularly like Paul Kelly's editorial for the Australian,
which described phone hacking as kind of like an unfortunate thing that happened to news,
as though someone had hacked their voicemails.
So hard, do you remember, wasn't it the case that news's voicemails got hacked
by some awful perpetrators?
Awful dead teenager.
Yes.
Some teenager, Lord.
Well, this is the thing, isn't it?
I mean, there's always two sides to those stories.
Not in news newspapers.
But there is.
Yeah, but if you scratch beneath the surface, in some ways, it was her fault that this dead girl's phone got hacked.
Because that was a very, like, obvious angle for the story to have.
If she hadn't wanted her phone to be hacked, she shouldn't have died in the first place.
Well, also, she shouldn't have had voicemail.
And that's the thing, and particularly a guessable password.
Didn't phone hacking rely on the password to voicemail boxes being 1, 2, 3, 4?
Yeah, well, I think it was 0,000, 0 in that case.
Or the birth date or something.
Yeah.
Yeah.
So if you make fuck news, your voicemail password, they can't log in.
We should probably tell listeners who don't know about the exact details of the phone hacking story,
just how egregious it was.
It was a bit of greed.
It was the most humble day of Rupert's life.
And there haven't been many.
There have not been many humble days of Rupert's life.
So what he did was teenage girl gets murdered, of course.
And that was Millie Dallis.
She was 13 years old in England.
And it was in England and the News of the World quote unquote journalists decided to hack her voicemail to see whether, well, to just see what was happening and to get some quotes from, you know.
Was she missing?
Was she missing?
Or had she been killed?
Nobody knew initially.
But also, yeah, was she missing?
But also presumably the parents and the police were all ringing her voicemail.
they were sort of going oh look if you're still alive you know can you can you listen to this
can you at least give us a signal and stuff of that and what was happening was her voicemail was
then like her messages were then being read yeah they were being it was as though she was
checking her voice mouth so just for further clarity for the like interns and stuff yeah this
used to people actually used to leave voice messages on mobile phones yeah and you used to be able
to ring up and type in your pin from any mobile from any landline phone and remotely check the
voicemail that's what this was this is how this is how it's how you're
news did it, was that they used a landline phone, rang in, and then when the recorded voicemail
outgoing message, you came, you pressed hash or something, typed in the code, and then
you could listen to all the voicemails.
They did it to heaps of celebrities, because no one ever changed their password from 0-0-0-0,
which is the default.
So they did that to the dead girl.
Then her parents presumably also understood the passcode.
And the police, and they would have gone to the telcode to try and find out what's going on.
And was shocked to find that her voicemails had been listening to.
So they thought, well, this girl is not dead.
It gave them hope.
She keeps listening to her voicemail messages.
Because they thought only she would check her own private message bank.
Fulishly not realizing that news of the world journalists also apparently have the right to check your private voicemail.
So this absolutely cruel and criminal act was done under the complete watch of then the person who was running, which was James Murdoch.
James Murdoch ran the News International, which was the British Arm of News Corp at the time.
But the editor was the editor.
was Rebecca Brooks, who was one of Rupert Murdoch's favourites, and it became very clear as inquiry
was done into this heinous crime that Rupert Murdoch also had full visibility over this
hideous scandal. Well, how do you think Rebecca Brooks got the job? I think she hacked into Rupert's
voicemail and found some compromising messages. But no, I mean, this was an appalling thing to have
happened without their consent. I mean, they were just, they're doing their normal job of nothing
resembling journalism at the News of the World, which is one of the most misnamed News of
the World. Basically, the only news that they broke on a weekly basis, it came out on Sundays
was, oh my goodness, a young lady has her top off on page three. Yeah, it was sort of like a tame
version of the Daily Mail. Yes, it was, it was. It was the Daily Mail before the Daily Mail
really went Daily Mail. Exactly. That's right. And so this was an appalling, disgraceal thing
that they did, which many other tabloids did as well. There was a huge inquiry into it, the Leveson
inquiry. Rupert Murdoch and James Murdoch had to front it and attempt to display contrition.
Of course, he did that by saying that it was the most humble day of his life, which isn't even
really a thing. Because he was describing the day as humble. Yeah, it was the one day. He got it
wrong. Well, he had to go to an inquiry. He didn't say, I am humble, which you can't really say
anyway. You can't even say you're humble. When you're a billionaire who runs much of the world's
media. But also, you can't boast about being humble. Isn't that what you do when something good
happened. You say, oh, it's so humbling to win this award.
Oh, that's what you say. That's what he meant. It's so humbling to get to do this.
But no, look, it was a low point in a career full of really a lot of, a lot of hype.
If you read the Australian, I, for balance, I was the Australian profile, and I read the
Telly and the Times, Wall Street Journal. I'd read the whole cross-section of the media.
Yes, yes. The NT News only listed his accomplishments when it came to Crocodiles,
which was a bit unusual. But basically, it's as though.
God had gotten a promotion.
I don't even know how it's possible.
God gets a promotion.
God gets a promotion.
That should be the name of this episode.
Super God.
Yeah.
It's a little more powerful than God.
That's right. But also working fewer hours, which I think is what you want to do.
I mean, look.
And also seems to have more eternal life than God.
Because, I mean, Jesus only lasted until about the age of 31 or something.
I mean, Rupert Murdox lived at least three times as long as Jesus by this point, I'd say.
And had a lot more children.
Yes.
And a lot more sex scandals, from what we understand.
A lot more wives.
So Grace Tame was on the shop podcast on Friday.
Oh, yes.
And she expounded this theory, which I'd never heard before, which I think rang true,
which is that as he gets older, the number of partners he takes increases.
And it's been increasing quite rapidly.
Oh, yes, that's right.
And her theory is that maybe he is stealing their organs.
Interesting.
And so what he needs to.
do is as he gets older and his body fails him, he's got to, you know, sort of get more
and more wives and girlfriends in order to have, because all his organs are running out.
So you're thinking that in the future, rather than hacking the voicemail of young women,
he might want to actually just sort of...
Hack.
Store them.
Yeah.
Hack into them with a...
Interesting theory.
Bottom line is, I mean, he does keep dating younger and younger women.
But, I mean, to be fair to him, that a much younger woman for him now is in her 60s.
Yeah, yeah.
Isn't that the latest ones in the 60s?
Yeah, well, I think she left him.
Oh, it came and went pretty quickly, yeah.
Which I think he's also probably at this stage of his life.
You've got to hand it to him, Charles.
What an incredible job of dominating the world.
I mean, few people have managed to impose their will on the world
and elect so many problematic governments, really, than Rupert of.
And he actually said in his promotion statement,
he was doing it to fight against the elites.
Oh, yes.
His lifelong mission from when he was just a millionaire, not even to be,
Billionaire was to fight the elites. I did see that. I saw that in the statement. I thought,
does he understand what that word means. And he does it through truth is what he said.
He's always been committed to the truth. See, the truth might have been hiding on that voicemail.
So I know how to decode this. Because I've been reading a bit of Marxism.
Oh, dear. The thing is, because I've always found it very confusing this whole idea that these right wing billionaires always railing against the elites.
But Donald Trump does it too. He hates the elite. The liberal elites, right. And what the elites represent
is not, what they're talking about is they're not talking about people who are rich and powerful.
That's not the elites.
That's their friends.
What they mean by elites is the liberal elites, the people who actually succeed in the liberal
arts and who value things and who do that by, you know, studying, you know, in, you know,
science or humanities or something like that and gaining expertise through education and
experience and who therefore have a value.
system that doesn't place money at the centre of their value system.
They place other things like being really educated or having great taste or having certain
values around what a life worth living it looks like.
I mean, might maybe even kindness and helping those less fortunate than you.
Yes, exactly.
That's all leaders.
So that's why teachers and nurses and doctors and, and God forbid, people are librarians.
Oh, God, you don't want those.
You know, I don't know, climate scientists especially, because actually at the end of the day, the success that those elites have is actually far more unobtainable for a Rupert or, and especially for his offspring, for people like Loughlin, who let's face it, is the world's dumbest man.
Like, he has been given every set of fortunes and luck and everything, and yet he still stuffs up most business deals that he enters.
or lawsuits that he tries or, like, just every step he takes, he stubs his toe.
Are you saying that, are you saying that suing Kriki for defamation and then having to give up
when it looked like you weren't going to do very well?
Are you saying that wasn't a massive success?
Can we just pause a second and say, Kriki is a fucking email newsletter?
Like, your dad is the most powerful man in the world.
You can't crush a pamphlet.
Leaders crush, you know, kiss his ring every day.
and you turn up, you try and sue an email newsletter, and you fail.
I mean, what the fuck?
You fail at squashing something that Stephen fucking main set up in his bedroom?
The Chaser Report, news you know you can't trust.
Not only do you fail, Charles, the important point is you fail upwards.
You fail into the job of sole chair of news and of Fox.
And if you look at his CV, I mean, don't forget one tell.
We've got to remember when James Packer and Lachlan Murdoch got together
to try and show that they're as good as their legendary fathers
and absolutely fucked it to a royal degree.
Which is the thing that gives you hope, right.
Lockland Murdoch is never going to be part of the elites
of people who actually know how to do things
or value life on any other scale other than money.
But also, he's not going to be very good at taking on this mantle.
And I think what you're looking at is, like the reason why
was such big news, even though, you know, Rupert said he was sticking around, is because we
know that this is the beginning of the end.
Well, this is the genius of family companies is you can pretty much guarantee that, you know,
Rupert was much better than his dad, who let's not forget.
And this is the amazing thing about Rupert, is that he started with a newspaper in fucking
Adelaide, which is like, to my mind, starting with a newspaper in Adelaide is harder than having
no newspaper at all to try and build a media business.
Trying to overcome Adelaide's prejudices and sensibilities in small town.
Back then, in whenever, didn't he start in 1870 or something?
Just having to, yeah, yeah, exactly, just having to be in Adelaide.
Yeah, of course.
But also not Adelaide in 2023.
Adelaide, can you imagine what a small town Adelaide was all those years ago, in the 50s and 60s?
1950s, it was.
Four credit to Rupert Murdoch, but the point is he is exceptional, like him or not, utterly exceptional and brilliant at business.
Children know, father no, and that's the genius of any inheritance.
That's why royalty is such a fucking disaster, because there's always a dud.
Look at Kim Jong-un, dud.
Warwick Fairfax completely tanked the Fairfax business, because all these dipshits
hand their businesses to their children instead of people who are smart at running them.
So the best thing you can do if you're a billionaire, if you're a brilliant billionaire,
is just sell the fucking thing off, give your kids a trust fund that pays them every year
so they can't blow all their money and be happy.
That's what Logan Roy should have done in succession.
There should have never been any succession.
Of course you should have sold it to the smart guy from Sweden.
you actually knew how to run businesses.
I just don't bother.
The ultimate lesson of succession is the same as in the Murdoch family.
They're dead shits.
That sort of talent doesn't span generations.
Well, it is true that that is what he largely did.
He sold most of his empire to Disney because he knew that the kids weren't up to it.
I mean, you don't see Walt Disney's grandchildren hanging around trying to run the company.
I think they've still got some shares.
They're not the CEOs because they don't know how they fucking do it.
That's why Charles, you have very illustrious ancestors who you haven't lived up to.
So for me.
Oh, imagine that.
And my children may well be brilliant.
Your children are pretty talented, so far.
It's really to say.
But we're the runts of the litter.
Oh, yeah.
And we've just started this little chaser thing that no one ever thought would amount to very much.
And it's proven to, you know, kind of kick around the scene for a while.
Do you think maybe we should give it to our kids and they'll turn into, maybe if I act as horribly to my son as Keith Murdoch acted towards Rupert and was really abusive and things like that,
then maybe my son will take over the chaser and turn it into a horrible right-wing empire.
I mean, maybe.
But then by the same token, Kerry was terrible to James.
And all that did was going for life and render him a husk of a man to the point where I must feel sorry for him, James Packer.
Anyway, Rupert, congrats on the promotion, mate.
That's fantastic.
Yes.
I presume they interviewed for the position.
Do you think that CVs were sought from around the business and other people applied?
Rupert was the only one who got it?
Yeah, yeah.
Because the thing is, if you were doing a job interview and one of the candidates was 92 years old,
that's right.
So what's your 10-year plan for this company?
Where do you see yourself in 20 years?
It reminds me, Charles, of actually...
We love old people.
We do.
We just don't know what the running things necessarily.
Some of my favourite parents are old.
Yeah, sure.
Oh, Charles, you know who this reminds me of more than anything?
It reminds me of Lee Kuan Yew.
Lee Kuan Yew, the genius behind starting Singapore.
Yeah.
So what he did was, he started Singapore as this sort of off-shoot,
got kicked, basically kicked out of Malaysia.
They kicked out the Chinese from Malaysia.
He started Singapore.
Devastated to her being kicked out of Malaysia.
Starts as the L Island.
His prime minister for life, they have elections, but, you know, no chance.
Let's just say that it wasn't much chance of Lee Kuan, you losing an election in Singapore.
Then at one point, his son was a bit young.
He didn't want to hand over to him.
So he handed over to a guy called Gochok Tong and took on the job of senior minister.
Oh, yeah, I remember that.
Tong was the prime minister.
Guess we actually ran Singapore during that period.
Lee Kuan, you did.
And then his son, his son became of age and was old enough to become Prime Minister,
Lee Sien-Lung.
And apparently it's defamatory in Singapore to say that Lee Sien-Lung got the job
through anything other than Merit.
So I won't.
He just happened to, maybe it's one of those examples where brilliance passes through a family.
He was an emeritus.
He managed to get the job.
So then what they did was, Gochok Tonga became senior minister,
and Lee Kuan knew had the job of Minister-Mentor.
Right.
So here's, like, another level of America.
He was like double emeritus.
Guess who ran Singapore?
Lequin, you ran Singapore, yeah.
And that's really what's happening here in news with the same level of brilliance,
the same refusal to let go.
Oh, and the same absolute corrosive effect on democracy, by the way.
Yeah, yeah, yeah, that's good.
Yeah, well done, Rupert.
But let's not forget, Charles.
It was all about truth.
It was about truth.
That's right.
And that's the whole thing.
he's been fighting against the elites with truth.
Imagine waking up in the morning and just going, you know what,
I'm just going to fight for truth like I do every day.
And if it makes me a few bill along the way, well, truth is money and truth.
He's sort of the Mahatma Gandhi of our era, isn't he?
Absolutely.
Not with quite the same commitment to non-violent.
But, but yeah, I mean, also very memorable.
Yes.
And you wouldn't want to have sex with him.
Well, you would if you were a succession of very high.
high-profile successful women.
Yeah, that's true.
Because you just, don't you just close your eyes and think of the billions?
Isn't that how it works?
I don't think they did that with Mavaghani.
I don't want to know.
Look, all I'll say is, Lachlan, if you want to see The Chaser of this episode,
I mean, you can, but should you?
Yes.
Should you?
I mean, if you're talking about a fearsome foe, you know,
Crikey was an email newsletter.
We don't usually even send out an email newsletter on time.
We haven't got the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the
street smarts in the deep pockets of a crikey here at the chaser, do we?
I once chased Lachlan Murdoch through the streets through Downcastle Race Street.
Oh, that's nice.
It was enormously fun.
So I've never been in the same room as Rupert, unfortunately.
But you know what, I've got 20 years more to achieve that.
But our mutual friend, who I won't name, did once.
And he went up and said to Rupert what he thought of Rupert.
Really?
Yes.
And Rupert apparently just sort of went, oh, well, you're, you know, you spend a lot of time
thinking about saying that, didn't you?
So, yeah.
It's nothing that his conscience doesn't whisper to him in the death of night, I presume.
Actually, I presume not.
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For now, until someone buys it.
See, yeah.
