The Null Device

An interesting article about the rise and fall of Festival, Australia's oldest surviving recording company (taken from the Good Weekend, with some additions, and only up for a fortnight or so):

"[Murdoch] would take it as [charges for] advertising that we didn't get, when The Australian needed money. We'd be charged management fees and end-of-year adjustments. If you had a million dollars, they'd take $900,000; if you had $10 million, they'd take $9 million."

And the Letters to the Editor column has a tirade from FMR chairman Roger Grierson, claiming anti-Murdoch bias in the article, and ending with the accusation that journalists promote piracy and things like Napster. (thanks, Cos)

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