Murdoch will milk his cash cow a pound at a time, leaving his children with a dry, dead beast, the remains of his once proud if not great newspaper empire. I used to work for Murdoch at his American magazine TV Guide. I respected his balls. It is a pity to see them gone.

Meanwhile, the WSJ announces $18 a month to read it on an iPad. Michael Wolff, as usual, puts the boot in:]]>