Word: rupert
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...control of Publishing and Broadcasting Ltd., the multibillion-dollar family empire. Five months earlier, Lachlan had abruptly quit as News Corp.'s third highest-ranking executive in New York City, convinced he was being overruled by underlings. According to a source, he complained to his father, News Corp. chairman Rupert Murdoch: "What's the point of me being here?" The young Murdoch and his wife, Sarah, returned to Sydney, and while a 2-year noncompete clause has kept him out of the headlines, the call of big business was a siren song...
...involved." Then again, Chenoweth concedes that it's unclear how much Murdoch's main backer, SPO Partners, a private investment firm based in San Francisco, is putting up. Lachlan is adamant: "This is completely my own transaction," he told reporters in January. Asked about the CMH bid last month, Rupert Murdoch said, "Not only are we [News Corp.] not involved, I'm pretty ignorant about...
...exposé on John McCain’s political-careerful of indiscretions small and large. The probable Republican nominee for president and historically, McCain apparently didn’t let his self-styled reputation as the Senate’s most adamant ethics watchdog slow him down when Rupert Murdoch and Michael Bloomberg offered him a plane ride. The Arizona senator—who is becoming more and more like his constituency with each passing year—was celebrated when he helped birth the Reform Institute, a nonprofit organization dedicated to keeping corporate money out of American politics; that...
...What is your beef with Rupert Murdoch? -Linda Weir, Santa Monica, Calif.I have no personal beef with him. He made one or two moves that we believe were anticompetitive, so we've taken that to the authorities, who will decide if he's behaving in an anticompetitive way. But if he invited me to dinner, I would be happy to go with...
...with many stations and papers being forced out of business or being bought by large media conglomerates that have consolidated the media industry (think the Wall Street Journal).As these media conglomerates have bought up more and more assets, FCC regulations have become a thorn in their collective sides. Rupert Murdoch, who owns both the New York Post and New York-based Fox networks, has lobbied for changes with other media moguls, arguing that the restrictions are anachronistic. But even as both the print and broadcast media seek to revitalize themselves, the FCC needs to be careful in the amount...