SWOT Viability Analysis on News Corp
Schmitt Management Consulting
Abstract
Buying the newspapers in Rupert Murdoch’s empire is not a viable action for profit today. With the on-going scandal and lawsuit claims, the reputation of the corporation has been damaged beyond repair and your takeover would be fruitless. The future potential regulatory restrictions and fines are unknown today and there-fore leave a large portion of the picture unclear. Being able to hire new staff reporters who have been unmarred by the current scandal will be difficult, and the current staff does need to be replaced to avoid any future problems these recent practices have brought about. The print media is rapidly being replaced by online avenues, so there are few opportunities for growth in the print media. Allowing Rupert Murdoch to accept his own consequences and outcomes of this highly publicized scandal is the best action for you and your future profits.
SWOT Viability Analysis on News Corp
This is a SWOT analysis on purchasing News Corp. After extensive research and analysis I am recommending that you do not purchase this conglomeration of newspapers. There are currently far too many unknowns in regard to the future outcomes for this to be a viable venture.
Analysis
This collection of opinions on strengths and weaknesses has been solely compiled from online research of articles posted on the internet. The articles are based on facts known to reporters concerning the recent phone hacking scandal of the papers and the direct or indirect effects of these scandals. This input ultimately led to my conclusions.
Strengths
Some strengths of News Corp would be the owner’s financial circumstances. In an article by Ross Baker, WhoWhatWhy.com (2011), states Rupert Murdoch has used his wealth regularly to stave off businesses and individuals that his company has illegally damaged. As represented by a pie chart published by BBC News (2011),
References: Baker, R., WhoWhatWhy.com. Posted online July 25, 2011. BBC News, Inside the Murdoch Empire. Posted online July 7, 2011. Edgecliff-Johnson, A., Financial Times. Headline-grabbing way to take the news out of News Corp. Posted online February 22, 2012. Reuters, T., Business-msnbc.com. News Corp to avoid trial after one hacking case settled. Posted online February 23, 2012. Wolff, M., the Guardian. Rupert Murdoch’s Sun on Sunday sets on his empire. Posted online February 24, 2012. Wordsworth, A., National Post. The Sun may set on Rupert Murdoch’s British newspaper empire. Posted online February 16, 2012. Schmitt Management Consulting123 Industrial CircleHollywood, CA. 90210Phone (213)584-1234 Fax (213)584-1236 | INVOICE | | Invoice #5236Date: April 7, 2013 | To:Mike PouraryanSMP Investments999 Sunset Blvd.Hollywood, CA. 90210(213)689-8765 | For:SWOT Analysis News Corp | DESCRIPTION | HOURS | RATE | AMOUNT |