The Curse of the Mogul Book Summary

In 'The Curse of the Mogul,' a trio of sharp economic minds dissect the turbulent saga of the media moguls who rose to power and fell from grace. With a mix of historical insight and incisive analysis, Knee, Greenwald, and Seave expose the flawed strategies that led to disastrous outcomes for these titans. Readers will uncover the inherent pitfalls of ambition and the temptations of the media landscape. This compelling narrative weaves together personal stories with economic theories, revealing the true cost of success. Can the lessons learned from these moguls’ downfalls shed light on the future of media management?

By Jonathan A. Knee, Bruce C. Greenwald, Ava Seave

Published: 2011

"In the relentless pursuit of wealth and power, the moguls often overlook the true cost of their success, revealing the fragility of innovation amidst the glitz and glory."

Book Review of The Curse of the Mogul

If Rupert Murdoch and Sumner Redstone are so smart, why are their stocks long-term losers? We live in the age of big Media, with the celebrity moguls telling us that "content is king." But for all the excitement, glamour, drama, and publicity they produce, why can't these moguls and their companies manage to deliver better returns than you'd get from closing your eyes and throwing a dart? The Curse of the Mogul lays bare the inexcusable financial performance beneath big Media's false veneer of power. By rigorously examining individual media businesses, the authors reveal the difference between judging a company by how many times its CEO is seen in SunValley and by whether it generates consistently superior profits. The book is packed with enough sharp-edged data to bring the most high-flying, hot-air filled mogul balloon crashing down to earth.

Similar books you might like →

Showing 8 of 30 similar books

Similar Book Recommendations →

Steve Jobs's Book Recommendations

Steve Jobs was an American entrepreneur, inventor, and co-founder of Apple Inc., known for revolutionizing the personal computing, music, and smartphone industries. Jobs’ vision for technology was focused on simplicity, innovation, and user experience, leading to the development of iconic products like the Macintosh, iPod, iPhone, and iPad. He also co-founded Pixar Animation Studios, which became one of the most successful animation companies in the world. Jobs’ influence extended beyond technology, shaping the way people interact with media, communication, and design. His legacy as a visionary leader and innovator continues to impact industries around the globe.

Business and LeadershipTechnology and FutureInspiring ReadsCreativity and InnovationMedia and Pop Culture

Charlie Munger's Book Recommendations

Charlie Munger is an American investor, businessman, and philanthropist, best known as the vice chairman of Berkshire Hathaway, where he partners with Warren Buffett. Renowned for his insights on investment strategies and mental models, Munger has significantly influenced the world of finance. His notable literary contributions include "Poor Charlie's Almanack," a compilation of his speeches and writings that distill his wisdom on decision-making and business principles. Munger's work emphasizes the importance of multidisciplinary thinking and continuous learning. Beyond his financial acumen, he is celebrated for his charitable efforts, particularly in education and healthcare.

Business and LeadershipMoney MattersInspiring Reads

Patrick Collison's Book Recommendations

Patrick Collison is an Irish entrepreneur and co-founder of Stripe, a global technology company that enables businesses to accept online payments. Along with his brother John, Patrick has transformed Stripe into one of the most valuable private tech companies in the world. Stripe’s innovative approach to online payments has made it a key player in the financial technology space. Collison is known for his deep interest in science, technology, and policy, often engaging in conversations about innovation, progress, and how to improve societal outcomes. He is an advocate for scientific advancement and the intersection of technology and public policy.

Business and LeadershipTechnology and FutureInspiring Reads

Barack Obama's Book Recommendations

Barack Obama is the 44th President of the United States, serving from 2009 to 2017. As the first African American president, Obama’s leadership marked a historic moment in American history. His administration focused on healthcare reform, economic recovery from the Great Recession, and environmental policies. He is best known for the Affordable Care Act, as well as his efforts to expand civil rights and restore diplomatic relations with Cuba. Since leaving office, Obama has continued to engage in public life through his foundation, focusing on leadership development, civic engagement, and global issues.

PoliticsMemoirs and BiographiesSuccess Stories and Life Lessons

Drew Houston's Book Recommendations

Drew Houston is an accomplished American entrepreneur best known for co-founding Dropbox, a widely-used cloud storage service, in 2007. As the CEO, he has led the company to serve millions of users worldwide and become a key player in the tech industry. Although not primarily known for literature, Houston has shared his entrepreneurial insights and experiences through various interviews and public speaking engagements, offering valuable lessons to aspiring business leaders. His work has significantly influenced the way people and organizations manage and share digital content. Houston's innovative vision continues to shape the future of cloud computing and digital collaboration.

Business and LeadershipTechnology and FutureSuccess Stories and Life Lessons

Ann Handley's Book Recommendations

Ann Handley is a renowned digital marketing pioneer and a Wall Street Journal bestselling author. She is the author of "Everybody Writes," a seminal guide on creating compelling content, and co-author of "Content Rules," which outlines effective content marketing strategies. As the Chief Content Officer at MarketingProfs, she has significantly influenced modern marketing practices. Handley is also a highly sought-after keynote speaker, known for her insights on digital content and marketing trends. Her work has empowered countless marketers to elevate their content creation and strategy efforts.

Business and LeadershipInspiring ReadsProductivity

Andrew Chen's Book Recommendations

Andrew Chen is a venture capitalist, entrepreneur, and thought leader in growth marketing, currently serving as a general partner at Andreessen Horowitz. Chen is known for his expertise in network effects, viral growth strategies, and marketplace dynamics, making him a sought-after advisor for startups looking to scale. Prior to joining Andreessen Horowitz, he worked in leadership roles at Uber, helping to grow the ride-sharing platform’s user base and develop key growth strategies. Chen is also a prolific writer, sharing his insights on growth, technology, and startups through his popular blog and newsletter, which has attracted a loyal following in the tech community. His work has helped shape how many startups approach user acquisition, retention, and product-market fit. As a venture capitalist, Chen focuses on early-stage companies in the consumer internet, SaaS, and marketplace sectors, and he has been involved in funding and advising several successful startups. His insights on technology and growth continue to influence both founders and investors alike.

Business and LeadershipTechnology and FutureFounders Playbook

Nat Eliason's Book Recommendations

Nat Eliason is an influential writer, entrepreneur, and educator known for his insightful work on personal growth, productivity, and digital marketing. He founded Growth Machine, a successful SEO and content marketing agency that has helped numerous companies expand their online presence. Eliason's thought-provoking articles on his blog cover a wide range of topics, from philosophy to health, attracting a large and engaged audience. Additionally, he authored "Effortless Output with Roam," a comprehensive guide on using the Roam Research tool for knowledge management. Through his diverse contributions, Eliason has established himself as a significant voice in the realms of self-improvement and digital strategy.

Self-ImprovementProductivityBusiness and Leadership

Showing 8 of 13 related collections

In the relentless pursuit of wealth and power, the moguls often overlook the true cost of their success, revealing the fragility of innovation amidst the glitz and glory.

The Curse of the Mogul

By Jonathan A. Knee, Bruce C. Greenwald, Ava Seave