Word: murdochs
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...YORK: Rupert Murdoch outlined Tuesday his plans for a new 24-hour television news channel run by Roger Ailes. Murdoch, the former Australian publishing magnate who launched the Fox television network and has a sizeable television presence in Europe, and partner MCI are fresh from winning an FCC bidding war for direct broadcast satellite television rights in the U.S. Ailes, the former media consultant to Presidents Nixon, Reagan and Bush, resigned last week as president of NBC's successful cable network. "It's a logical place for Ailes to be," says TIME's Richard Zoglin, "especially if Murdoch is serious...
...fact, tensions between the two had been building, along with Redstone's growing fascination with his Hollywood operations. Redstone has compared himself frequently to Fox chief Rupert Murdoch, an aggressive, hands-on chief executive. "The references to me and Murdoch have been overblown," Redstone now says. "I do know that when Murdoch saw problems in China, the next day he was there. I don't want to take the slow boat to China...
...intranet--the collection of networks that connect computers withincorporations--that both Sun and Microsoft have targeted as a rich area for growth. To help head off its chief competitor, Sun last week launched a new JavaSoft division, run by Alan Baratz, a former IBM executive and president of Rupert Murdoch's Delphi Internet Services Corp., to boost Java in both the fast-growing Internet and the far more profitable intranet...
What is it about the ocean and media moguls? Ted Turner, Robert Maxwell and now RUPERT MURDOCH have all made news on the water. Murdoch, an avid sailor, helped Oracle CEO Larry Ellison win Australia's most prestigious yacht race, the Sydney to Hobart. Although he described his role as "acting as a bit of ballast," Murdoch also took turns at the grinder, in the galley and at the helm during the three-day race. And all this while injured. A few days before the race, Murdoch caught his right index finger between the sail and the boom...
MEDIA-MERGER WALLFLOWER OF THE YEAR: Barry Diller. 1994: Tries for Tiffany Network. 1995: Gets Home Shopping Network. Runner-up: Rupert Murdoch...