If you want to understand how modern media has changed the world, this is the one book you must read.
Rupert Murdoch is the man everyone talks about but no one knows. He’s everywhere, a larger-than-life media titan who has spent a lifetime building his company, News Corporation, from a small, struggling newspaper business in Australia into an international media powerhouse. Rupert Murdoch charts the real story behind the rise of News Corp and the Fox network: the secret debt crises and family deals, the huge cash flows through the offshore archipelagos, the New York party that saved his empire, the covert government inquiries, the tax investigations, and the bewildering duels with Bill Gates, Ted Turner, Gerry Levin, Ron Perelman, Newt Gingrich, cable king John Malone, Michael Eisner, Tony Blair, and televangelist-turned-diamond-miner Pat Robertson.
Murdoch’s story, however, is more than just how one man built a global business. Rupert Murdoch is both a biography of Murdoch the man (including the divorce from his wife, Anna; his remarriage to a woman young enough to be his granddaughter; and the struggle between his two sons for eventual control of the family holdings) and a “follow the money” investigation that reveals how he has managed to have such a huge impact on the communications revolution that promises to utterly transform life in the twenty-first century.
The investigation concentrates on Murdoch’s three great campaigns: in the 1980s, when his determination to launch an American television network overturned the media industries of three countries; in 1997, when Murdoch took on every broadcasting group in America; and the process of reinventing himself since then, culminating in his bid to win DirecTV from General Motors.
This is the saga of the man who has stalked, infuriated, cajoled, threatened, and spooked the media industry for three decades, whose titanic gambles have shaped and reshaped the media landscape. Win or lose, Murdoch is the man who has changed everything. And Neil Chenoweth is the right person to tell the story: In 1990 he wrote a magazine article that prompted a secret Australian government inquiry into Rupert Murdoch’s family companies, and he’s been on the Murdoch case since then. Chenoweth reveals what no person ever has about the man (and the company) who is probably the most significant media player of them all.
From the Hardcover edition.
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|Title of eBook: Rupert Murdoch|
|Release Date: 11-12-2002|
|Allowed Countries (hover)|
|Publisher: Crown Publishing Group|
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A Business of Ferrets
Avenue of the Americas
When the storm broke in the newsroom of the New York Post in midtown, the staff broke into the defensive huddles that mark a newspaper where the editor has just proven mortal. There had been no warning of what was coming. On Monday, April 23, 2001, just before five p.m., as the paper was gearing up for the serious business of getting an edition out for the next day, the publisher, Ken Chandler, called the staff around him. Xana Antunes, their Scottish-Portuguese editor, was with him, sucking the pink lollipop that was her trademark since she quit smoking. It came out whenever she was under stress. Two days later the Post would announce a 10 percent rise in its circulation. A cut in the cover price had given the paper the biggest sales hike in its history. But it wasn’t enough to save Antunes’s job. Chandler announced briefly that Antunes was stepping down immediately to pursue personal interests. She said she had a book project. The new editor was an unknown Australian, Col Allan, currently the editor of Rupert Murdoch’s Daily Telegraph in Sydney. In the stunned silence that Chandler’s announcement produced, the Post staff struggled to understand what this news meant. Any power realignment in the Murdoch firmament raised a thousand imponderables. But in the hour of crisis, the most immediate question was: Where would they go to talk about it?
Only journalists can love old newspaper buildings. They have an anachronistic charm that may be detected only by the very nostalgic and people on prescription medication. Newspaper offices absorb part of the histories that flow through them. With the accretio