Crikey owner and ex-News Corp and Fairfax editor lifts the lid on the abuse of power by media moguls - from William Randolph Hearst to Elon Musk - and on his own unique experience of working for (and being sued by) the Murdochs.

What's gone wrong with our media? The answer: its owners. From William Randolph Hearst to Elon Musk, from the British press barons to colonial upstarts Conrad Black and Rupert Murdoch, media proprietors have manipulated the news to accumulate wealth and influence as they meddled with democracy.

Eric Beecher knows the news business from bottom to top. He has been a journalist, editor and media proprietor (of Text Media and Crikey), with the rare distinction of having both worked for and been sued (unsuccessfully) by the Murdochs.

This book reveals the distorted role of the media moguls of the past two centuries: their techniques, strategies, behind-closed-doors machinations, and indulgent lifestyles. It explains how they have exploited the shield of the freedom of the press to undermine journalism - and truth.

In an era of fake news, AI and misinformation, this is democracy's chillingly important story: how a small coterie of flawed and narcissistic moguls created a shadow of power that has contributed to making the media an agent of mistrust.