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...whom were his wife and brother. Today, after a dazzling IPO, the 31-year-old is one of China's richest men, worth more than $1 billion, with a staff of more than 1,000 and building an interactive-media empire that soon could turn him into a local Rupert Murdoch. Even in the turbo-charged world of Chinese business, Chen's firm, Shanda Networking, has posted stunning growth, expanding 20% each quarter, with $73 million in net income last year. "China has a business history of not much more than 20 years," says Chen. "We live in a completely...

Author: /time Magazine | Title: Changing the Game in China | 6/20/2005 | See Source »

Italian Prime Minister Silvo Berlusconi and Rupert Murdoch were always considered friendly rivals. They have even spent time together at Berlusconi's Sardinian villa. But the competition may be heating up. The Mediaset TV network, owned by the Berlusconi family, is taking direct aim at Murdoch's Sky Italia with an innovative attempt at poaching lucrative soccer viewers. As the world's first free TV network to offer pay-per-view sporting events, Mediaset surprised Murdoch & Co., whose satellite rights until recently meant an exclusive on top-flight matches. "We bought the whole cake, which has now become just...

Author: /time Magazine | Title: Taking on Rupert in Italy | 6/20/2005 | See Source »

...Days pretty much busts the assumption that all of Rupert Murdoch's TV networks are tools of Karl Rove. (Spurlock shows off his A.C.L.U. card on camera.) But the series is not strident, and seems to have been made in a genuine spirit of curiosity. Later episodes, in which Spurlock serves as host and does interviews, are mixed; anti-aging therapy is simply not as burning a social issue. But the Islam episode--a devout Christian moves in with a Muslim family--is fascinating, moving, funny and without a shred of manipulation...

Author: /time Magazine | Title: Movies: SECOND ACT: Living a Dare, For 30 Days At a Time | 6/12/2005 | See Source »

...RUPERT MURDOCH, CEO, News Corporation

Author: /time Magazine | Title: The Rise Of The Free Press | 5/15/2005 | See Source »

...think they haven't noticed. Rupert Murdoch, head of News Corporation, the parent company of U.K. publisher News International, admitted in February that Associated's free Metro may have dented circulation of his top-selling Sun tabloid by as many as 40,000 copies per day. "The record of these free newspapers has been ... to more seriously damage existing newspapers," Murdoch said. In the U.S., at least one prestigious publisher felt it had to join the free movement; the New York Times Company in January bought a 49% stake in Metro International's Boston operation for $16.5 million. Even Associated...

Author: /time Magazine | Title: The Rise Of The Free Press | 5/15/2005 | See Source »

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