Pros

Very good benefits, insurance, travel, corporate discounts and associated perks. Being able to interact with other business divisions within News Corp with expertise in their related fields. Competitive compensation. Global reach, with media outlets in most major countries and strong political "pull" in a few. Some "gem" managers that have found their niche and run great, small, efficient teams that do some great work.

Cons

There are some very mediocre mid-level employees that have been with the company for a long time and never contribute much, or have stopped "keeping up" with technology 5-10 years ago (IT related). Unnecessary outsourcing and over management sometimes complicates communication and project efficiency.

Advice to Senior Management

Although they may be long term employees, there are some middle-management and other workers that drag things down. Be more a-political in your other ventures, not every business unit needs the Fox-News style approach. Be more agile, respect things like net neutrality, social networking, open source software and open content.