Word: rupert
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Dates: during 1990-1999
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...week is William Kristol, whose father Irving is an elder statesman of neoconservatism. Kristol is editor and publisher of the Weekly Standard, a conservative review of politics that he founded with John Podhoretz (son of noted neocon Norman) and Fred Barnes (ex of the New Republic) with financing from Rupert Murdoch. Let George bill itself hopefully as "post partisan.'' At the Standard it's the dawn of a postliberal age, for which they would provide a forum and rumpus room, a place where conservatives could not only cackle over the death throes of the left but spat among themselves...
...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...
...Seagram Co., may get a 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...
...authorize a 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...