In my latest piece in The Spectator. As a financial investment, I make a case that Twitter will be a bust. However, the power it gives Elon Musk is unprecedented.
Musk has bought the Fox News of the post-TV reality for $44 billion, a pittance considering how much power it gives him over his rivals and the politicians. We can all sense that with Rupert Murdoch in the twilight of his career, and cable revenues declining due to cord-cutting, Fox News isn’t going to set the political agenda for much longer.
More thoughts in the most recent issue of my twice-a-month newsletter.