Word: rupert
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...target of their wrath is Keith Rupert Murdoch, 54, the proprietor of Wapping and one of the world's most powerful press barons. Murdoch has acted audaciously in the past, but never before has he accomplished so much in a single bold stroke. For 50 years Fleet Street's print unions have exercised a viselike control over the national newspaper industry, blocking the introduction of new technology and shutting down the presses at will. Murdoch broke that costly stranglehold in one weekend last month. He abruptly fired nearly 6,000 striking printers and moved his London papers...
...time stock in a Murdoch-controlled enterprise has been offered to the U.S. public. Despite Murdoch's heavy financial obligations, analysts who have followed his fortunes over the years trust his business acumen. "To buy News Corporation shares, you've always had to have a lot of confidence in Rupert Murdoch and his vision," says Jim Rayner, the New York representative of J.B. Were & Son, an Australian securities firm. "He has rarely put a foot wrong...
...Armstrong, a Presbyterian conservative who has run the N.R.B. during two decades of astounding growth, boasts that his colleagues have "done what Ted Turner tried to do and Rupert Murdoch wants to do--create an alternative fourth network." The video preachers are often bitter competitors behind their on-camera smiles, yet Armstrong contends they constitute a network nonetheless, one defined by a shared viewpoint. To the dismay of more liberal Protestants, not to mention Roman Catholic and Jewish leaders, the people who have seized spiritual control of the tube are unremittingly Evangelical or Fundamentalist. Four of the top stars...
...Wednesday--Highbrow journalism mogul Rupert Murdoch announces that he has bought the Harvard Independent for $1500. Murdoch adds in an interview on Channel 5 that he also considered purchasing the Lampoon, but decided it wouldn't be profitable. "That's not funny!" barks Lampy president Daniel J. Greaney...
...Fleet Street that the owners of Britain's newspapers may come and go but it is the unions that run the show. And a costly show it is. Fleet Street has been plagued for years by strikes, late press runs and overstaffing. Except for the Sun, a screeching Rupert Murdoch tabloid, most London papers are either losing money or making minuscule profits...