Re: Rupert Murdoch
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Re: Rupert Murdoch         

Group: alt.philosophy · Group Profile
Author: turtoni
Date: Jul 20, 2008 20:21

On Jul 20, 10:20 pm, turtoni fastmail.net> wrote:
> http://en.wikipedia.org/wiki/Rupert_Murdoch
>
> "Keith Rupert Murdoch, AC, KCSG (born Melbourne, March 11, 1931),
> usually known as Rupert Murdoch, is an Australian-American global
> media mogul. He is the major shareholder, chairman and managing
> director of News Corporation (News Corp). Beginning with newspapers,
> magazines and television stations in his native Australia, Murdoch
> expanded News Corp into the UK, US and Asian media markets. In recent
> years has become a leading investor in satellite television, the film
> industry, the Internet and media. News Corp is based in New York.
>
> According to the 2008 Forbes 400, Murdoch is the 109th-richest person
> in the world, with a net worth of $8.3 billion. He was made a Grand-
> Officer in the Order of St. Gregory the Great by Pope John Paul II."
>
> Political activities
>
> Australia
> Murdoch's shattering experience with Thomas Playford in South
> Australia (see above: "Start of Business Career") and his early
> political activities in Australia were to set the pattern he would
> continue to use around the world.
>
> Murdoch found a political ally in John McEwen, leader of the
> Australian Country Party and governing in coalition with the larger
> Menzies-Holt Liberal Party. From the very first issue of The
> Australian Murdoch began taking McEwen's side in every issue that
> divided the long-serving coalition partners. (The Australian, July 15,
> 1964, first edition front page: “Strain in Cabinet, Liberal-CP row
> flares.”) It was an issue that threatened to split the coalition
> government and open the way for the stronger Australian Labor Party to
> dominate Australian politics. It was the beginning of a long campaign
> that served McEwen well.
>
> McEwen repaid Murdoch's support later by aiding him to buy his
> valuable rural property Cavan and then arranged a clever subterfuge by
> which Murdoch was able to transfer a large sum of money from Australia
> to England to complete the purchase of The News of the World without
> obtaining the required authority from the Australian Treasury.
>
> After McEwen and Menzies retired, Murdoch transferred his support to
> the newly elected Leader of the Australian Labor Party, Gough Whitlam,
> who was elected in 1972 on a social platform that included universal
> free health care, free education for all Australians to tertiary
> level, recognition of the People's Republic of China and public
> ownership of Australia's oil, gas and mineral resources.
>
> Rupert Murdoch's flirtation with Whitlam turned out to be brief. He
> had already started his short lived National Star newspaper in America
> and was seeking to strengthen his political contacts there.
>
> Asked about the Australian federal election, 2007, at the News
> Corporation annual general meeting in New York on 19 October 2007, its
> chairman Rupert Murdoch, once an Australian and now a citizen of the
> USA said, "I am not commenting on anything to do with Australian
> politics, I'm sorry. I always get into trouble when I do that."
> Pressed whether he believed Prime Minister John Howard should be re-
> elected he said: "I have nothing further to say. I'm sorry. Read our
> editorials in the papers. It'll be the journalists who decide that -
> the editors."
>
> United States of America
> Murdoch's publications worldwide tend to adopt conservative views.
> During the buildup to the 2003 invasion of Iraq, all 175 Murdoch-owned
> newspapers worldwide editorialized in favor of the war. Murdoch also
> served on the board of directors of the libertarian Cato Institute.
> News Corp-owned Fox News is often criticized for a strong conservative
> and anti-liberal bias.
>
> On May 8, 2006, the Financial Times reported that Murdoch would be
> hosting a fundraiser for Senator Hillary Clinton's (D-New York) Senate
> reelection campaign. Murdoch's New York Post newspaper opposed
> Clinton's Senate run in 2000.
>
> In May 2007, Murdoch made a $5 billion offer to purchase Dow Jones,
> owner of the Wall Street Journal. At the time, the Bancroft family,
> who controlled 64%% of the shares, outspokenly declined the offer,
> opposing Murdoch's often-used strategy of large employee cuts and
> "gutting" pre-existing systems. Later, the Bancroft family confirmed a
> willingness to consider a sale--aside from Murdoch, the Associated
> Press reported that supermarket billionaire Ron Burkle and Internet
> entrepreneur Brad Greenspan were among other interested parties. On
> August 1, 2007, the BBC's "News and World Report" and NPR's
> Marketplace radio programs reported that Murdoch bought Dow Jones; the
> news was received with mixed reactions.
>
> In a 2008 interview with Walt Mossberg, Murdoch was asked whether he
> had "anything to do with the New York Post's endorsement of Barack
> Obama." Without hesitation, Murdoch replied, "Yeah. He is a rock star.
> It's fantastic. I love what he is saying about education. I don't
> think he will win Florida...but he will win in Ohio and the election.
> I am anxious to meet him. I want to see if he will walk the walk."
>
> United Kingdom
> In Britain, he formed a close alliance with Margaret Thatcher, and The
> Sun credited itself with helping John Major win an unexpected election
> victory in the 1992 general election. However, in the general
> elections of 1997, 2001 and 2005, Murdoch's papers were either neutral
> or supported Labour under Tony Blair. This has led some critics to
> argue that Murdoch simply supports the incumbent parties (or those who
> seem most likely to win an upcoming election) in the hope of
> influencing government decisions that may affect his businesses. The
> Labour Party under Blair had moved significantly to the Right on many
> economic issues prior to 1997. Murdoch identifies himself as a
> libertarian.
>
> In a speech in New York, Rupert Murdoch said that the UK Prime
> Minister Tony Blair said the BBC coverage of the Hurricane Katrina
> disaster was full of hatred of America. Murdoch is a strong critic of
> the BBC, which he believes has a left wing bias.
>
> In 1998, Rupert Murdoch made a failed attempt to buy footballing power
> Manchester United FC. He offered £625 million. It was the largest
> amount of money anyone had offered for a sports club. It was rejected
> by the United Kingdom's Competition Commission, citing that the
> acquisition would have "hurt competition in the broadcast industry and
> the quality of British football".
>
> On June 28, 2006 the BBC reported that Murdoch and News Corporation
> are flirting with idea of backing Conservative leader David Cameron at
> the next General Election. However in a later interview in July 2006,
> when asked what he thought of the Conservative leader, Murdoch replied
> "Not much".
>
> In 2006, the UK’s Independent newspaper reported that Murdoch was to
> offer Tony Blair a senior role in his global media company News Corp.
> when the UK prime minister stood down from office.
>
> He is also accused by former Solidarity MSP Tommy Sheridan having a
> personal vendetta against him and of conspiring with MI5 to produce a
> video of him confessing to having affairs - allegations which Sheridan
> had previously sued News International over and won. On being arrested
> for perjury following the case Sheridan claimed that the charges were
> "orchestrated and influenced by the powerful reach of the Murdoch
> empire"
>
> Personal life
> Murdoch has been married three times. In 1956 he married Patricia
> Booker, a former shop assistant and air hostess from Melbourne, with
> whom he had his first child, a daughter Prudence Murdoch, born in
> 1958. Pat did not like Adelaide with its extremes of weather and where
> she had few friends and Rupert was frequently away building the
> foundations of his future empire. They divorced in 1967. In the same
> year, he married Anna Tõrv, an Estonian-born cadet journalist working
> for his Sydney newspaper The Daily Telegraph.
>
> Tõrv and Murdoch had three children: Elisabeth Murdoch (born in
> Sydney, Australia August 22, 1968), Lachlan Murdoch (born in London,
> UK September 8, 1971), and James Murdoch, (born in Wimbledon, UK
> December 13, 1972). Murdoch's companies published two novels by his
> then wife: Family Business (1988) and Coming to Terms (1991); both
> were seen as being vanity publications. Anna and Rupert divorced
> acrimoniously in June, 1999.
>
> Wendi Deng MurdochAnna Murdoch received a settlement of US$ 1.2
> Billion assets. Seventeen days after the divorce, on June 25, 1999,
> Murdoch, then 68, married Chinese born Deng Wendi, later changed to
> Wendi Deng. She was then 30, a recent Yale School of Management
> graduate and newly appointed vice-president of STAR TV. Anna Murdoch
> was also remarried, in October 1999, to William Mann.
>
> Murdoch has since had two children with Deng: Grace (born in New York
> November 19, 2001) and Chloe (born in New York July 17, 2003).
>
> Murdoch's eldest son Lachlan, formerly the deputy chief operating
> officer at the News Corporation and the publisher of the New York
> Post, was Murdoch's heir apparent before resigning from his executive
> posts at the global media company at the end of July 2005. Lachlan's
> departure left James, chief executive of the satellite television
> service British Sky Broadcasting since November 2003, as the only
> Murdoch scion still directly involved with the company's operations,
> though Lachlan has agreed to remain on the News Corporation's board.
>
> After graduating from Vassar College and marrying classmate Elkin
> Kwesi Pianim (the son of Ghanaian financial and political mogul Kwame
> Pianim) in 1993, Murdoch's daughter Elisabeth, along with her husband,
> purchased a pair of NBC-affiliate television stations KSBW and KSBY in
> California on a $35 million loan from her father. By quickly re-
> organizing and re-selling them at a $12 million profit, Elisabeth
> emerged in 1995 as an unexpected rival to her brothers for eventual
> leadership of the publishing dynasty's empire. But after quarreling
> publicly with her assigned mentor Sam Chisholm at BSkyB, she veered
> out on her own as a television and film producer in London, where she
> has enjoyed independent success in conjunction with her second
> husband, Matthew Freud.
>
> It is unknown whether Murdoch will remain as News Corp's CEO
> indefinitely. The American cable television entrepreneur John Malone
> was for a time the second largest voting shareholder in News
> Corporation after Murdoch himself potentially undermining the family's
> control. In 2007, the company announced that it would sell certain
> assets and provide cash to Malone's company in exchange for the
> cancellation of their stock. Murdoch in 2007 issued his older children
> with equal voting stock perhaps to test their individual interest and
> ability to run the company according to standards he has set.
>
> Rupert Murdoch is the 2008 gala honoree for Endeavor (nonprofit), a
> non-profit organization that supports high-impact entrepreneurs in
> emerging markets."

What say you Immortalist? Aren't politics like religion?

"This has led some critics to argue that Murdoch simply supports the
incumbent parties (or those who seem most likely to win an upcoming
election) in the hope of influencing government decisions that may
affect his businesses"

http://www.youtube.com/watch?v=vTnjsNTTz2Q
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