Rupert Murdoch is a smart man. In the U.K, Murdoch aligns his newspapers with the popular political party and helps them enact their policies by giving them favorable coverage. For the past 12 years, he supported the Labour Party. Now they are out of favor, Murdoch switched seamlessly to the Conservatives. Desperate to gain a grip on the Chinese media market, Murdoch saddled up to the Communist Party.
In short, Murdoch doesn't care about Left or Right. He cares about money.
In the United States, his news channel is doing just about everything it can to irritate the current President, and it is beginning to affect his business.
When news show host Glenn Beck explicitly called Barack Obama a racist, it caused a media hailstorm and an advertising exodus from his show that reached as far as the U.K (Beck's show is broadcast on Murdoch's 'Sky News' channel). On a recent political talk show tour, President Obama sat down with five networks, none of which were Fox. The Murdoch-owned network was humiliatingly replaced with the Spanish language channel Univison. In another spat, the White House press secretary publicly criticized the network for not airing Obama's health care speech, a move it would never have considered with any other network.
While Glenn Beck is not the lone voice of dissent within Fox News (O'Reilly, Hannity and Malkin are similarly offensive), he does epitomize what is wrong with the network, and just how out of sync it is with the mainstream. His continued assault on the President which consists of a remarkable slew of accusations and innuendo (Obama is a socialist/communist/Nazi/racist), does not reflect well on the network, regardless of how right wing it is. As David Sassoon notes:
For now, Murdoch is making a short-term buck on Beck's race-baiting. Longer-term, it's a losing corporate strategy. The color of demographic change is trending darker, and companies will be forced to be sensitive
not to offend their own workforce or their customers by supporting race-baiting speech with advertising dollars.