Word: murdochs
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Ever since Media Magnate Rupert Murdoch bought half of 20th Century-Fox films in March, cinema buffs have been predicting a sequel. Last week came Murdoch Part II. The Australian-born owner of the New York Post, Chicago Sun-Times and scores of other newspapers, magazines and TV stations announced he was buying the other half of Fox from Denver Oilman Marvin Davis. Price: $325 million cash plus real estate in Los Angeles, Pebble Beach, Calif., and Aspen, Colo...
...Murdoch, Fox provides a rich library of films and shows, including the Star Wars trilogy, the M*A*S*H television series and movie classics starring Marilyn Monroe and Tyrone Power. Murdoch will probably broadcast the programs on his TV stations in Australia, Europe and the U.S. Davis made about $300 million on his investment in Fox, which he bought in 1981. That could now be just the start of something bigger. An avid Hollywood partygoer, Davis has no desire to say ciao to Tinseltown. Industry observers are predicting that he will soon announce another entertainment venture, possibly the purchase...
...column is being marketed by two Rupert Murdoch syndicates. Murdoch's New York Post managed to report the fuss without mentioning that the Post was carrying the column. Late last week News America Syndicate President Richard Newcombe said that E.A.V. Associates Inc. (a U.S. firm that licenses Vatican art reproductions) originated the column and apparently had not got the proper clearances. After conferring with the Vatican communications director, Archbishop John Foley, Newcombe announced that future columns would carry source references for John Paul's statements and that Foley's office would screen all the editing...
NATURALIZED. Rupert Murdoch, 54, Australian-born press baron whose media holdings include more than 80 publications on three continents, including the Times of London, the New York Post and the Chicago Sun-Times; as a U.S. citizen, in a ten-minute ceremony in New York City. In order to complete a deal that he made last spring to acquire six Metromedia TV stations, Murdoch must be a U.S. citizen; fcc regulations bar foreigners from owning more than 20% of a broadcast license...
...city daily. He must tame a sometimes scrappy staff of 400 editors and reporters while trying to leave his imprint on the paper. At the same time, the Globe faces increased competition from the Boston Herald, a once-feeble tabloid that has come alive under Rupert Murdoch. No wonder that Janeway, a wry, reflective man not easily given to emotion, occasionally looks weary. "I feel like I'm battling so many scarecrows," he says...