Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Outlook: More on Booth

Wednesday 28 April 1999 18:02 EDT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

NOTHING IS quite what it seems in Rupert Murdoch's business empire. Officially the explanation of Mark Booth's abrupt departure from his post as chief executive of BSkyB is that he found the offer of a cut of the action heading up Rupert Murdoch's assault on the Internet too much to resist. He even turned down a $25m golden hello from Bill Gates at Microsoft to sign on the dotted line.

Well maybe, but there may be more to this than meets the eye. According to industry gossip, Mr Booth was with Mr Murdoch in Paris when the idea of a merger with Sky was put to Pierre Lescure, chief executive of Canal Plus.

Quite out of the blue Mr Murdoch said that, as far as division of management was concerned, it wouldn't be a problem. Mr Lescure would be chief executive of the merged company. Mr Booth is said to have been so apoplectic with rage that he refused to go back to the office for five days, returning only after it became obvious the merger wasn't going to happen. Even so, it must have been clear to Mr Booth that his number was up.

The other side of the official story - Mr Murdoch's new Internet venture capital fund - seems strange too. What is this fund meant to be, where's the money coming from, and what is Mr Murdoch doing entering the Internet venture capital business so late in the day? All very odd, very odd indeed.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in