Notes
Outline
MEDIA TYCOON PRESENTATION
PRESENTED BY:
MICHALENE N. GOMPF
FEBRUARY 25, 2002
RUPERT KEITH MURDOCH
1931-
BACKGROUND
1931: Born in Melbourne, Victoria, Australia
1952: Graduated From Oxford University
1952: Murdoch Sr. passes away
1954: Murdoch inherits
~2 small Adelaide papers
~News Limited’s only significant assets
BACKGROUND CONT….
1980: News Corp. was established in America
1985: He became an official U.S. Citizen
BUISNESS BACKGROUND
Currently is CEO of Fox Broadcasting
Director of Fox Entertainment Group
Since 1985
Chairmen since 1992
Chief Executive Officer since 1995
BUISNESS CONT….
Chairman of the Board of Directors of News
Corporation since its formation in 1979
Director of News Limited since 1953
Director of News America Incorporated since 1973
1993-1998 Murdoch was chairman of STAR TV and is currently their Director
BUISNESS CONT….
Director of Fox Family Worldwide since 1996
Member of the Board of Directors for Philip Morris Companies, Inc.
CHRONOLOGY
1954: Took over the Adeline
1964 Launches the Australian
1973: Enters US market
1980 News Corp. was established
1986: Fox Television Network was launched
1989: Launch of Sky Television
CHRONOLOGY CONT….
1991: Sells most US magazines
1993: Bought rights to broadcast pro football
1997: Bought LA Dodgers baseball team
1999: Bought Echo Press
2000: Bought Chris-Craft Industries
2001: Sells 49.5% stake in Fox Family Worldwide to Disney
MANAGEMENT PHILOSOPHY
The racier the better
Aggressive
Flexible
Dictatorship
Interests solely about
Politics
Money
Business