Current Events: Rupert Murdoch satirized

I'm just now re-reading The Ode Less Traveled, by Stephen Fry, and here is the man himself, tailoring new satire to the most contemporary events. (Though come to think of it, this was likely shot long before the current inquiry into illegal activities in Murdoch's media empire.)

All in all, I must say this is not very good. Doesn't the pacing seem rather slow, and doesn't it hurt the thing that Hugh Laurie dispenses entirely with trying to actually act like Murdoch? Also,  I just didn't find it very funny.