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Maybe the kid's all right after all. In the fall of 2003 investors were screaming nepotism when media mogul Rupert Murdoch installed his son James as chief executive of BSkyB, the British pay-TV powerhouse that is 36% owned by Murdoch Sr.'s New York City--based News Corp. But earlier this month James, 32, wowed them by reversing a two-year skid in Sky's year-to-year quarterly subscriber growth. "Murdoch Jr. is doing fairly well, to be honest," says John Hayes of London-based F & C Asset Management. That's high praise from a fund that...

Author: /time Magazine | Title: Like Father, Like Son? | 2/20/2005 | See Source »

...dangerous, why did the U.S. free them? Officials cannot claim that people are enemy combatants simply because they happened to be in a country like Afghanistan where terrorist events are common. Should the British Foreign Office warn tourists that they may be arrested for traveling to such places? Rupert Eden Madrid Bush's New Campaign Columnist Joe Klein discussed why President Bush is taking the controversial position in favor of reforming Social Security [Jan. 24]. Although I usually agree with Klein, I take issue with his endorsement of private investment accounts for Social Security. Over the past quarter-century, most...

Author: /time Magazine | Title: Letters | 2/8/2005 | See Source »

...million in the past four reported quarters, bought a professional soccer team last January. In November, Rakuten won the right to create the first team added to Japan's professional baseball league in 50 years. "At first I didn't really understand the obsession that people like Rupert Murdoch seemed to have merging media with sports," he says. "But now I do." --By Jim Frederick/Tokyo...

Author: /time Magazine | Title: People to Watch in International Business | 1/23/2005 | See Source »

...rationale) to ?The Hunting of the President? (detailing the Right?s long campaign to destroy Bill Clinton). They covered the media?s coverage of Iraq in ?Control Room? (a sympathetic look at the Arab news channel Al Jazeera during Operation Iraqi Freedom) and ?Outfoxed? (a searing attack on Rupert Murdoch?s Fox News Channel).. The genre could expand to embrace ?The Corporation,? a scholarly, skeptical essay on multinational capitalism. All these films tried to share a bit of the spotlight in the ?Fahrenheit? glare. And hoped to get some collateral damning from the attacks aimed at Moore...

Author: /time Magazine | Title: That Old Feeling: The Year in Docu-politics | 12/20/2004 | See Source »

Murdoch's oldest son Lachlan, 33, is considered the most likely heir to the top job. "He's bright and personable, but he's just a kid," says Porter Bibb, managing partner of investment firm Mediatech Capital. "If something happened to Rupert in the next year or two and the board handed the company to Lachlan, there would be a shareholder revolt." Lachlan currently serves as deputy chief operating officer at News, with responsibility for the Fox TV stations, HarperCollins and the New York Post. He has a bit of a renegade-playboy image with his tattooed forearm...

Author: /time Magazine | Title: It's a Family Affair | 11/29/2004 | See Source »

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