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...Thunder T he liveliest show in London this Friday will be the annual shareholders meeting staged by Rupert Murdoch's pay-TV powerhouse BSkyB. The curtain rises 11 days after the global mogul installed his 30-year-old son James, pictured, as chief executive. Dad's News Corporation is BSkyB's largest shareholder, so giving the kid a job was easy, but it infuriated financial groups that own the rest of BSkyB's stock. Some are worried James will funnel cash to pop's firm rather than pay dividends. Iain Richards of Morley Fund Management told TIME he is "dismayed...

Author: /time Magazine | Title: Biz Watch | 11/9/2003 | See Source »

...network most solidly behind this trend is Fox, which strangely--for a TV network run by archconservative Rupert Murdoch--is as obsessed with the inequities of capital as Eugene V. Debs was. At least half a dozen of its new shows have class themes. The first to premiere, and the season's first confirmed hit, is The O.C. Ryan Atwood (Benjamin McKenzie) is a smart, poor kid taken in by the Cohen family of Newport Beach, Calif., after he gets in trouble with the law. Naturally, he finds beautiful girls, brutal rich boys and conniving adults...

Author: /time Magazine | Title: Television: The New Class Action | 9/29/2003 | See Source »

...includes the likes of Ann Coulter—the ultraconservative fabulist whose musings have won her the denunciation from many in her own party; Rush Limbaugh—the corpulent, outrageous personality who, luckily, is confined to pandering to the American public via radio waves; and maybe even Rupert Murdoch himself—the owner of this notoriously biased conglomerate who stands to be a great beneficiary of relaxed media regulations—playing himself as media-mogul-turned-right-wing-televangelist. The repercussions of such a team would probably prove fatal to intelligence in all its forms...

Author: By Morgan Grice, | Title: Deregulate This | 9/25/2003 | See Source »

...largest share of a company that dominates British pay television; your subscription base has nearly doubled over the past four years; and you've just announced stellar earnings. How do you treat your chief executive: a) Extend his contract or b) show him the door? If you're Rupert Murdoch, the answer just might be B. Murdoch seemed at his restless best last week as headlines announced that BSkyB's Tony Ball, who has led the company since 1999, may be on his way out. On his way in, according to unnamed sources in all the papers, is Murdoch...

Author: /time Magazine | Title: Bouncing Ball? | 9/21/2003 | See Source »

...international leisure magazines and hundreds of photographs of a smiling, immaculate Rana presiding over concerts and book launches and hosting American millionaires at exorbitant black-tie fund raisers under white chiffon marquees. "The scene buzzes," wrote the London Evening Standard in March 2001, noting visits by Sting, Lachlan Murdoch and Steven Seagal. "By day, a sophisticated crowd of models and embassy wives shop for antiques and jewelry ... At night the mood changes?a private view at a gallery, jazz at K2 and dinner at Baithak, a small Nepalese-Mughal eatery with silver trays, Belgian crystal and peeling peppermint walls...

Author: /time Magazine | Title: Living On the Brink | 9/8/2003 | See Source »

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