#media-ownership

#media-ownership

You could be forgiven for not knowing how much people love CBS News. I certainly didn't until a few weeks ago, but the hoary institution is once again being described as the "Tiffany network"-Edward R. Murrow saying, "Good night and good luck"; Walter Cronkite taking the manliest moment in all of live television to get control of himself after announcing the death of John F. Kennedy; and ... the trail grows cold. Dan Rather in a turban?

1. Journalism that reports on the world as it actually is. 2. Journalism that is fair, fearless, and factual. 3. Journalism that respects our audience enough to tell the truth plainly - wherever it leads. 4. Journalism that makes sense of a noisy, confusing world. 5. Journalism that explains things clearly, without pretension or jargon. 6. Journalism that holds both American political parties to equal scrutiny. 7. Journalism that embraces a wide spectrum of views and voices so that the audience can contend with the best arguments on all sides of a debate.

Lynn Forester de Rothschild is preparing to sell her 20 per cent interest in The Economist, paving the way for the most significant change in the 182-year-old publication's ownership since 2015. The British-American financier, 71, has appointed investment bank Lazard to oversee the process, which remains at an early stage. The stake, made up of voting shares, could fetch as much as £400 million based on current valuations of the premium media group.