Word: rupert
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Rupert Murdoch divide the Ziff-Davis publications
...Times of London for 14 years, Harold Evans was known for his emphasis on crusading reporting and crisp graphics. In 1981 he brought his lively talents to the paper's staid daily sister, the Times, which he edited for a year before being ousted in a dispute with Rupert Murdoch. Now Evans' English eye will be tested at a very American publication: Mortimer Zuckerman, who last month paid $176.3 million for U.S. News and World Report (circ. 2,050,000), has announced that he is giving Evans, 56, the nebulous job of "editorial director...
...cacophony of columnists" and undervalues reporting. Cultural and life-style coverage has sagged. On local news, the Globe is too often scooped by its sole surviving Boston rival, the Herald (circ. 344,000), which has been revivified since it was bought in December 1982 by Australian Press Baron Rupert Murdoch. Says Herald Editor Joe Robinowitz: "If something breaks late, they take forever to decide whether to put it into the paper." The Globe also tends toward the presumption that a story is not a story until it says so. Complains a senior aide to Massachusetts Governor Michael Dukakis...
Last June, Publisher Rupert Murdoch (New York Post, the Times of London) startled executives of St. Regis by revealing that he had bought 5.6% of the shares of the big paper and forest-products company for $65 million. A few weeks later Murdoch launched a takeover fight. That sent the St. Regis officers scrambling to find a so-called White Knight who would save them from the publisher by buying their firm. Last week Champion International, a rival forest-products giant, came forward to do precisely that. Champion agreed to pay about $1.8 billion in cash and stock...
Last week Disney and St. Regis faced the fact that greenmail is like blackmail: a company that pays once merely invites new demands. Australian Publisher Rupert Murdoch, who owns 5.6% of St. Regis, said that he was raising $757 million to buy 50.1%. Meanwhile, a group of investors headed by Financier Irwin Jacobs revealed that it had bought 5.8% of Disney and wanted more. St. Regis and Disney took no immediate action in response to the moves by Murdoch and Jacobs. The companies will surely think twice before paying more greenmail...