TVI Magazine is not responsible for the
content of external InterNet sites
_____________
Feature
Story
News
Corp,
the media company built by Rupert Murdoch,
•
•
35 week of 2005 / Rupert Murdoch's News Corp. who
News Corp. owns Fox Television Network, 20th
Century Fox movie studio, satellite broadcaster
DirecTV and newspapers including the New York Post,
among other properties, it's Sky Italia, the
fledgling Italian satellite TV service, posted its
first quarterly operating profit, earning $74
million, contrasted with a loss of $26 million a
year
earlier..
•
•
But instead of celebrating their quarterly results,
which were better than what Wall Street expected,
Murdoch sounded testy during a conference call as
reporters peppered him with questions about the
circumstances surrounding the unexpected
resignation last month of his son and heir
apparent. --
CLICK
FOR MORE STORY
///
Center
Page / Biography
TIMELINE:
-----1931
- Rupert Murdoch was born in Melbourne,
Australia,
-----1953
- After earning his degree at Oxford
University, Murdoch remained in England to work as
a junior editor for the London Daily Express. The
major factor that guided Rupert into the field of
Journalism, was a. his father. Sir Keith died, when
Rupert was just 22. Sir Keith had been the CEO of
Australia's largest newspaper chain. The Murdoch
family's inheritance included a remote radio
station and the weakest papers of the group, the
Adelaide News and Sunday Mail.
------In
1954
Murdoch
returned to Australia
and took charge of the Adelaide News, stimulating
circulation of many of his newspapers by creating a
tabloid mix of sex, crime, and sports stories
topped with giant sensationalized headlines. He
sold Adelaide News in 1987. (Name changed,
in 1992),
-----In
1956, Murdoch started building his media empire
with the purchase of a Perth Sunday newspaper in
1956, and in
-----
1960
he entered the Sydney market by acquiring the
Sydney Daily and Sunday Mirror. His
hard-sell promotions and lurid stories boosted the
circulation's of both papers.
------
In
1964 Murdoch founded Australia's first national
newspaper, The Australian, which featured national
and international news, investigative reporting,
local issues and 'Sleaze'.
Soon he had expanded his legacy into a
nationwide business, encompassing newspapers,
magazines and television
stations.
Even
then, he was accused of peddling sleaze. He
responded with typical
directness,
-- "I'm
rather sick of snobs who tell us they're bad
papers, snobs who only read papers that no-one else
wants," he said
-----
By
1968 his Australian empire of newspapers,
magazines, and broadcasting stations was worth an
estimated $50 million. He married his second wife,
Anna.
------
In 1973 he made his first U.S. acquisition
with the purchase of the San Antonio Express and
News.
------This
was followed by the founding of The
National Star (later shortened to The
Star), a supermarket tabloid. Murdoch's next
inroad into American journalism was his purchase of
the New York Post
------
in
1976, quickly followed by the takeover of a
company that published New York Magazine,
the Village Voice, and New West.
------
In
1981 Murdoch bought control of the renowned
London Times and Sunday
Times.
Highlights
of the early 80s showed
the world that sensationalism made headlines. His
London papers aimed at the working classes, and the
foundering London Daily Sun, a stodgy
liberal paper, became king. Murdoch applied his
tabloid mix of sex, crime, and sports topped with
huge headlines. Circulation soared, and he went on
to purchase other British newspapers and
broadcasting interests.
"But it
was the 1980s", said Al Preiss, in his TVInews
reports, when "in many people's minds, they defined
Murdoch as a Union
buster".
------
Leaving
Fleet Street for good, in 1984, he relocated
his operations to Wapping in London's East End. He
refused to recognize unions and sacked 5000 workers
to keep the papers in business. "Rupert Murdoch, is
a political visionary similar to Barry Goldwater's
conservative ideology" says, entertainment
attorney, Pat Maginnis. "He was not a curmudgeon,
and he treated his employees very well, but he was
also a bottom liner who felt government that
governs least governs best. Like Goldwater, he was
not for pork barrel spending and he abhorred
government subsidies and union control of any kind.
His work: "Why Not Victory," is a mirror image of
the hard driving life story of presidential hopeful
and businessman, Barry Goldwater".
------
In
1985, he becomes a United States citizen,
to
comply with the country's media ownership
laws.
------Highlights
of the mid-80s.
-----
His
holdings expanded
to
include Fox Broadcasting Studios, in
Hollywood. As
owner of Twentieth Century Fox and the Fox
television network, Hollywood has given him credit
for both the hit TV show, "Simpsons", and the
blockbuster feature film,
"Titanic".
------
Adelaide
News (sold in 1987 and
closed in 1992). Murdoch purchased
Adelaide in 1954. It was a marginally
profitable afternoon daily paper. Applying his
Daily Express experience, he created the
giant sensationalized headlines that were to become
his trademark, and the paper's readership
soared.
------
In
1987, TVI Magazine, in an interview with
Murdoch, predicts the success of his forth network,
and the expansion of Desk Top Publishing into every
office -- and its uses to transfer information over
the telephone land line.
------
In
1988 His holdings
expanded
to
include Fox Broadcasting Company, for
which he assumed the chairman and chief executive
roles in 1992.
------In
1988 TV Guide was acquired. By 1989
Murdoch's empire included newspapers, television
stations, a movie studio, publishing houses,
magazines, and large shares in news
services.
-----
But
by 1991 his Australia-based News Corporation,
Limited had accumulated immense debts, which
resulted in his selling most of his American
magazine holdings.
-------
In
1995 the Federal Communications Commission
(FCC) ruled that News Corp. had proven that its
ownership of Fox Broadcasting was in the public's
best interests, even though News Corp.'s share of
the station exceeded the limit for foreign
ownership of a broadcasting station. In the same
year Murdoch announced that he would fund a new,
weekly conservative magazine about politics, and
News Corp. and MCI agreed to form a new company to
electronically supply information
worldwide.
------
The
Dirty Digger of popular repute now enjoys a global
reach, using a sophisticated system of
communications satellites to reach his audience,
whether in Baltimore, Pasadena or
Beijing.
------Domestically,
though, Murdoch's life has been complicated, to say
the least. After a short-lived early marriage, he
and his second wife, Anna,
------
divorced
in 1999, after 31
years.
------
Three weeks later he
married, Wendi Deng,
a
Chinese-born News Corp executive. He was 68, she
32. ------
SkyFORUM
seminars commenced in April 2001, New York
City.
------Rupert
and Wendi's
child,
Grace,
was born in November 2001.
By
Lines: Editors Note
"You see things that are
and ask why. I see things that never were and say
why not?" - George Bernard Shaw. It was in the
1980s, when Al Preiss, the co-founder of TVI, first
became interested in the life of Rupert Murdoch,
and we have followed his accomplishments ever
since.
A
LOOK AT
Rupert Murdoch
------We
took a hard look at Rupert Murdoch, during his
SkyFORUM seminar in April 2001, at the Marriott in
New York City. The Chairman & Chief Executive
of News Corporation and Sky Global Networks was the
Keynote speaker at his SkyFORUM discussing at
length his role in shaping the industry's
future.
-----
"He was TVI's first POW in
1987, and it was my first "hands-on" publication",
says TVI publisher, Josie Cory, during the
interview for this Byline Story. "After taking over
the magazine from Al Preiss, (see
page 18, "Tribute To A
Publisher"), I
needed something hot . . . so it was Fox and the
Internet and computers". During the TVI interview,
for FOX: A FOURTH NETWORK? -- Three constant key
words kept popping up; two political parties, two
baseball leagues and three networks. Perhaps
because the time was right, and according to Jamie
Kellner, the then Fox Broadcasting president and
CEO, Murdoch commenced Fox to start the fourth
network. "It will work when other ventures haven't
because the time is right for a fourth network
despite what has and is being written in the media.
There are enough advertising dollars to make this a
success. Almost $1 billion is leaving the networks,
and going to cable and barter television, he
said."
Kellner asserted that there wasn't enough ad time
available at reasonable costs in network
television, that would enable, would be advertisers
to go national, . . . therefore . . . "the Fox
Network", said Josie Cory.
---Ja((Jamie
Kellner would later become the founder of the WB
Network.)
-----
It
took Murdoch another five years to announce his
plans to go international. Again, TVI was there on
Thursday April 5th, 2001 at the Marriott Marquis in
New York City, when Murdoch himself, the Chairman
and Chief Executive, News Corporation and Sky
Global Networks - discussed his role in shaping the
industry's future and satellites, at his own
SkyFORUM seminar.
"Rupert Murdoch embodies to me the confluence that
occurs when you combine the erudition, philosophy
and pragmatism", of the finest of Americans, said
Josie Cory.
TVI's legal entertainment
journalist,
Pat Maginnis explains it this
way:
-----Ayn Rand would
worship the ground Rupert Murdoch walks on, and she
would marvel that her heroic fictional character
John Galt has finally been anthropomorphosed into a
man who is not an ideologue, but a bottom
liner.
-----As Ayn Rand once said
in defining her philosophy of objectivism: "My
philosophy, in essence, is the concept of man as a
heroic being, with his own happiness as the moral
purpose of his life, with productive achievement as
his noblest activity, and reason as his only
absolute."
-----Alvin Toffler would
lustily embrace Rupert Murdoch as the reincarnation
of his warning to the world that: "Man has a
limited biological capacity for change. When this
capacity is overwhelmed, the capacity is in future
shock." Rupert Murdoch has lived this philosophy of
Alvin Toffler all of his life.
----- Rupert Murdoch, seems
to have picked up a few of Barry Goldwater
political visionary thoughts. He was not a
curmudgeon, and he treated his employees very well.
He was also a bottom liner who felt government that
governs least governs best. He was not for pork
barrel spending and he abhorred government
subsidies of any kind. His work: "Why Not Victory,"
is a mirror image of the hard driving life story of
media mogul Rupert Murdoch, it exemplifies Rupert
Murdoch's approach to government that include
values that foster balanced budgets, denigrate
bureaucracies, and foster innovation -- not for
blind followers, and not for
conformists."
-----Like this web page
stresses, Murdoch has done it by himself, and he
still maintains control over his vast empire, which
includes: publishing, TV, movies, magazines,
satellite transmission and the famous TV Guide. His
critics have torched him as a right wing ideologue
who is ruthless, and is hell bent on success. So
what if he does not act or look like Richard
Branson? He is just as
successful.
-----A friend of mine, named
John Ferretti, who works for Rupert Murdoch at
DIRECTV loves the company, his job and the company
philosophy in spite of all the media critics who
prefer political correctness over progress and
results.
-----In his own
philosophical bent Rupert Murdoch tells us "I'm a
catalyst for change... You can't be an outsider and
be successful over 30 years without leaving a
certain amount of scar tissue around the
place."
-----"The world is changing
very fast. Big will not beat small anymore. It will
be the fast beating the slow." Rupert Murdoch is
also a man of religious ideals. He received the
award of the Order of the Knights of Malta from
Cardinal Roger Mahoney in Los Angeles several years
ago.
-----"Rupert Murdoch is
truly A Man For All Seasons as Erasmus would gladly
tell all of us", says,. Patrick
Maginnis.
Global
reach
------Strangely
for a man who despises the aristocracy and praises
meritocracy, Murdoch has shamelessly promoted three
of his four grown-up children to run his
companies.
------Though
his daughter, Elizabeth, left Sky Television to
pursue her own dreams, sons James and Lachlan
remain poised to take over from their father, whose
recent brush with prostate cancer caused tremors in
financial markets.
------Whether
pronouncing on New Labour (he is broadly in favor)
or on the Euro (he is firmly against British
participation), Rupert Murdoch continues to live up
to his billing as a press
baron.
------An
early apostle of digital broadcasting, Murdoch
entered the Internet business just as the smart
money left town. It is clear that he still sees
plenty of dragons ripe for
slaying.
------With
no intention of retiring, Rupert Murdoch's many
fans and enemies may well have to put up with the
Digger for some time yet.
Rupert
Murdoch is probably the bravest
deal-maker the world has ever known" -- says Andrew
Neil -
"he
bought London's News of the
World".
------
1968
brought a major breakthrough, when Murdoch beat
Robert Maxwell to buy London's News of the World.
He later incorporated the Sun, the Times and the
Sunday Times into his News International
group.
------It
was the Sun which introduced bare breasts to the
breakfast table and which, during the 1982
Falklands conflict, provided history's most
infamous headline.
------GOTCHA!,
screamed the paper's front page after the sinking
of the Argentinean cruiser, General Belgrano, to
huge outrage.-
-----As
Charles Foster Kane once put it: "If the headline
is big enough, it makes the news big
enough". Murdoch
went from strength to strength. Moving to New York
in the '70s, he snapped up, and revitalized, both
the New York Post and New York
magazine.
------But
it was the 1980s which, in many people's minds,
defined Murdoch. Leaving
Fleet Street for good, he relocated to Wapping in
London's East End, refused to recognize unions and
sacked 5000 workers.
------Vowing
to "shock people into a new attitude", Murdoch
fought a year-long battle which, though eventually
victorious, made him into a bogey-man for many on
the left.
------But
Andrew Neil, his former right-hand man at the
Sunday Times and Sky Television, called Murdoch
"probably the most inventive, the bravest
deal-maker the world has ever
known".
------Profits
from Murdoch's lower-cost newspaper empire offset
the losses he accrued at Sky Television, allowing
him to buy the rights to Premiership football and
revolutionize the sport, to many people's
disgust.
MORE-
///
Return
ˆ
To
Top
/Respectfully
Submitted
Josie
Cory
Publisher/Editor
TVI Magazine
TVI
Magazine, tviNews.net, Associated Press, Reuters,
BBC, LA Times, NY Times, VRA's D-Diaries, Press
Releases, They Said It Tracking Model, and
SmartSearch were used in compiling and ascertaining
this Yes90 news
report.-
©2004-2006. Copyright. All
rights reserved by: TVI Publications, VRA TelePlay
Pictures and Big Six Media Entertainments. Tel/Fax:
323 462.1099.
LookRadio.com
-
Do
it with movies, slide shows and
music!
-----
Smart90's
24-hour, 365 days-a-year Broadband S90tv
WebMagic
web page is the simplest way to add the WebMagic to
your existing web pages. It's an Exciting New Way
to Advertise.
-----
Advertise
Now on Smart90.com and utilize S90tv's Web Magic on
your own domain. Email
your insertion order and advertising copy or banner
requests to the attention of: Advertising Marketing
Director at
look@smart90.com™.
- -----To
get you started today, you can attach to your
Email, your logo, slides, transparencies,
illustrations, photographs or other computer
graphics. The materials will be forwarded directly
to our art department.-
- -----
Advertising
material must be received by the 10th of every
month to be included in the following scheduled
print magazine issue. In regards to our daily
tviNews.net edition, your banner, logo, web movie,
slide show or 60x500 animated banner, that is to be
headlined at the top of our featured news page, as
a linkonad or smartkudoad,
can be Emailed to us at your convenience.
- -----
Or
better yet, tell us where to go to fetch the
information -- this way it will be much quicker to
get you up and running. For Ad rates please click
on: TVI
Advertising Rates.
Please
read: "How
Do We Do Business?
We Preserve The
Moment
Returnˆ
To Top/
|
