The profit motive is not only fundamental to our ability to reward shareholders and pay employees; it's fundamental … - Lachlan Murdoch

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Quote of the day

The first thing I think about when I wake up most mornings is the fact that I'm tired. I have been tired for decades. I am tired in the morning and I am tired while becalmed in the slough of the afternoon, and I am tired in the evening, except right when I try to go to sleep.

Lachlan Murdoch

The profit motive is not only fundamental to our ability to reward shareholders and pay employees; it's fundamental to excellent journalism. Far from corrupting the craft, profits enhance it. Expansion drives diversity and diversity protects and strengthens our craft.

Ability, Corrupting, Diversity, Drives, Strength, Strong

Same Author Quotes

The industry is littered with self-styled purists who believe the business of media. . the requirement to make a profit. . somehow corrupts the craft.

Believe, Business, Corrupts, Make, Self

We all have to expand our capabilities to encompass the changing world, its growing diversity and, indeed, its complexity.

Capabilities, Change, Diversity, Growing, World

Good journalism is good business practice; good business supports great journalism.

Business, Journalism, Practice, Support

I have been privileged to grow up retaining the love of good journalism, the craft, while learning its business: the dollars and cents. I have learnt that they are not mutually exclusive but integrally self-reliant. Each dependent on the other.

Business, Growing Up, Integrally, Learning

There is no room for dictating taste in the diverse and dynamic world of media. To limit taste only limits the role we play for people of all kinds.

Kinds, Limits, Media, People, Play