Word: rupert
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...little obligation at the present time to spare America," Pat Robertson announced not long ago on his religious talk show, The 700 Club, "because we are polluting the world with our television programs, with our movies and so forth." Fox Network, part of Rupert Murdoch's News Corp., has long been high on the list of offenders. As early as 1989, Robertson's watchdogs were calling for a boycott of companies that advertised on the raunchy Fox sitcom Married...with Children...
There is one business, strangely, that is not making money off the reading craze: publishing. Profits are eroding. Revenues are flat. At HarperCollins, profits fell 66% in the second half of 1996, and it is rumored that Rupert Murdoch, the owner, is looking to quit the book business. Other companies are cutting staff and closing down divisions. Industry executives agree that more and more readers are buying more and more books; a record 2.17 billion books were sold in the U.S. last year, up about 20 million copies from the previous year and 100 million from 1993. But the action...
...broadcasters to switch over to technically superior digital signals. Underlying Clinton's maneuverings is a serious question for a democracy: does free speech include the right of wealthy special interests to drown out the voices of those who can't afford TV ads? Democrats as well as NewsCorp head Rupert Murdoch, whose scrappy Fox network is fight ing its larger competitors for market share, have emerged as advocates of free TV. But many Republicans, led by Kentucky Senator Mitch McConnell, counter that the problem with politics is not that there's too much money, but rather that there...
...past 18 months has made Masayoshi Son something closer to the Napoleon of the multimedia business. First he swallowed Ziff-Davis, the American computer-magazine giant. Then he bought 37% of Yahoo, the U.S. Internet search-engine company. In June he and another corporate conqueror, News Corp.'s Rupert Murdoch, acquired a 21% interest in TV Asahi, which will be the entrepreneurial duo's base for a 150-station satellite network called Japan Sky Broadcast. And in September, Son's Tokyo-based Softbank paid $1.5 billion for 80% of California-based Kingston Technology, the world's largest maker of computer...
...Your broker? Maybe you could ask him how long he thinks this bull market can last. I mean, as long as you have him right there on the phone. Also, you don't know Rupert Murdoch's number off hand, do you? Maybe we should give him a call...