Word: murdochs
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...meeting stopped short of a session of Name That TV Theme. Even so, the rare assemblage of media moguls--among them Fox chief Rupert Murdoch, Atlanta cable baron Ted Turner and Walt Disney president Michael Ovitz--gave Clinton good reason to be pleased. They announced plans to develop a ratings system that would label shows high in sex, violence or other adult material. Their action was spurred by the 1996 Telecommunications Act, which will require new TV sets to have the V chip, a device that enables parents to block out objectionable shows. Though network executives have long opposed government...
...from the Big Three networks--ABC's Robert Iger, NBC's Robert Wright and CBS's Peter Lund--along with Jack Valenti, the head of the Motion Picture Association of America, which administers the ratings for movies. The session was intended to get industry negotiations back on track after Murdoch had pre-empted the other networks by announcing that Fox would develop a ratings system on its own. Colleagues denounced Murdoch's move as a cynical attempt to score political points. Indeed, playing the public-spirited maverick has become a Murdoch specialty of late: last week he announced that...
...Silver King's stock from $25 to $39 the day Diller's purchase was announced (the stock closed last week at $301/2). Still and all, this is not the kingdom people expected Diller would survey when he walked out on his job as chairman of Rupert Murdoch's 20th Century Fox in 1992 and told the world he yearned to own a network of his own. His assumed ambition was to be a Murdoch, or even a Laurence Tisch...
...thing I haven't done." In other words, though he had fought his way into becoming one of the most powerful men in Hollywood, he felt the need to prove himself all over again (with the kind help of an estimated $150 million parting package from Murdoch). This is the sort of itch you acquire when, even as your net worth is accreting into the low nine figures, pal David Geffen's is pushing a billion...
Answer: because all of American free television with national scope has been seized by the likes of General Electric, Westinghouse, Disney and Rupert Murdoch. The giant-corporate agenda has become the sole agenda. Even the Public Broadcasting System has been purged of temperate Robert MacNeil, reducing its NewsHour to Republican softball pitcher Jim Lehrer--a guaranteed development now that every program begins with "Thanks" to Exxon or "Thanks" to AT&T or "Thanks" to ADM. You don't bite the hand that feeds...