For this year's NewsCorp strategic retreat, Rupert Mudorch decided to gather at his Californian ranch his top executives from his print properties - magazines and newspapers. The challenge is to assess how to ensure they remain relevant and profitable in the new world where (a) most of the people are getting their news online and (b) social media are changing the competitive landscape and the attractiveness of the "old media" types.

Looking forward to knowing what will emerge from this strategy review. Should be quite exciting as previous versions resulted in such bold moves as the FIM creation and MySpace acquisition.....