Word: murdoch
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Dates: during 1990-1999
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...Cities, the Time Warner-Turner deal is a work in progress. At week's end, at Time Warner's Manhattan headquarters, negotiations proceeded urgently. But the very announcement set off Wall Street speculation that other moguls, such as General Electric chairman Jack Welch and News Corp. chief Rupert Murdoch, would enter the bidding for Turner. But Murdoch denied any interest; and GE indicated that while it would not try to break up this deal, it remained interested in Turner if the Time Warner acquisition failed. Says Harold Vogel, a media analyst at Cowen & Co.: "The only thing that's clear...
...piece of that action, too. NBC president Robert Wright, while announcing that he thinks parent company General Electric plans to stand pat, coyly valued his network at about $11 billion, adding, "We just got a lot more expensive." And of course everyone is watching Rupert Murdoch, the envy of the media firmament, who with a recent infusion of cash from MCI is continuing to march across the world, from Milan to Fiji. Can Barry Diller possibly sit it out much longer...
...Loosen restrictions on media ownership. Under the House version of the bill, a single company could own cable systems, radio stations and newspapers in the same market. Rupert Murdoch, for example, could own not only the New York Post and WNYW-TV in New York City but an unlimited number of radio stations and stakes in the local cable-TV system and the NYNEX phone company as well...
...formal probe, Democrats have had to find another way to investigate Speaker Newt Gingrich's book deal. The committee now plans to ask the principals to testify under oath about the deal. Scheduled to appear in the next few weeks: a Gingrich congressional aide, two lobbyists for Rupert Murdoch, owner of HarperCollins, which publishedGingrich's book "To Renew America," and two executives from publishers whose bids on the book were rejected. Democrats hope the testimony will convince committee Republicans to break the deadlock and authorize a formal probe...
...Speaker may be using up his frequent-flyer miles and wolfing down Big Macs. "Newt isn't rich," says Jim Baen, the nonrich publisher of Gingrich's novel 1945, who should not be confused with the very rich publisher of Gingrich's nonfiction title To Renew America, Rupert Murdoch. Says Baen: "He should flaunt his poverty and stay at Motel...