Word: rupert
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...will give them a leg up with local coverage, but the head start that Turner has may be insurmountable." ABC will seek to distribute the all-news programming using both cable and direct satellite, as well as new delivery systems developed by telephone companies. Last week, Australian media magnate Rupert Murdoch, complaining that CNN had become too liberal, announced that he too intended to start his own all-news network...
...sold off key pieces of the company (notably CBS's publishing and music divisions), instituted drastic cost-cutting measures and shied away from paying big bucks at key junctures. Two years ago, CBS lost its perennial Sunday-afternoon N.F.L. football franchise when it was outbid for the games by Rupert Murdoch's Fox network. A few months later the network lost eight important affiliates to Fox when Murdoch acquired the 12-station group owned by New World Communications--stations that Tisch had earlier passed up a chance to buy. To replace the stations, CBS has been forced to switch...
...Rupert Murdoch's new conservative magazine, the Weekly Standard, published its first issue in September. It is the self-styled voice of the conservative revolution. The headline emblazoned across the magazine's cover was PERMANENT OFFENSE. But the most notable article was a virtual endorsement of Powell for President by William Kristol, the Standard's editor and the G.O.P.'s most influential strategist. So much for the revolution...
...Weekly Standard is backed by multinational media financier Rupert Murdoch and is edited by William Kristol, former chief of staff for former vice president Dan Quatle. It was launched last month
...empire, was so enviable that two of America's most fearsome bosses tried to make pre-emptive bids for it. Both made their proposals in secret. First came General Electric's Jack Welch, who pitched a dramatic cost-cutting plan. Then, at almost the last minute, came Fox chief Rupert Murdoch, who offered Turner the chance to write his own ticket...