Rupert Murdoch

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Overview

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.

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Author Information

Bio of Neil Chenoweth

Neil Chenoweth is a senior writer with the Australian Financial Review. He lives in Sydney, Australia.

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Additional Info

Imprint

Crown Business

Filesize

1.40 MB

Number of Pages

416

eBook ISBN

9781400046881

Excerpt from: Rupert Murdoch by Neil Chenoweth

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 accretions of the years, the atmosphere in their newsrooms comes to reflect the individual styles and practices of the paper. They become comfortable, familiar, down-at-heel, redolent with tradition. They smell. A newspaper has its own odor. This is due not so much to the natural aroma associated with large numbers of journalists in a confined space as to the nocturnal manufacturing process, the muscular, messy business of applying ink to several acres of newsprint each night, then cutting the end product up into little bits and putting it into large trucks.

A blind man could navigate his way around Rupert Murdoch ' s newspapers by his nose. The New York Post ' s old pressroom on the waterfront on South Street mixed the residues of truck fumes, newsprint, and decades of grime with other, more exotic traces. The fanciful could imagine a whiff of the drug deals that at various times in its august history went down in the paper ' s loading bays, alongside the rats in the parking lot. Murdoch ' s Fleet Street newspaper offices in London are a shadow of their old selves, based now in an anonymous industrial plant in Wapping. In Australia the pervasive aroma at Queensland Newspapers, the Brisbane chain that became the Murdoch family ' s lost birthright, is a product of industrial-strength disinfectants, the soap factory next door, and the cattle stalls in the showgrounds nearby. When News Corporation ' s Australian editors met for a conference in the building in early 1999, toilet seats had to be replaced and the more aromatic sections sealed off, to make the effect less overpowering. Before Lachlan Murdoch ' s renovations, News Corp ' s headquarters in Sydney had a distinctive bouquet of old beer and perspiration, an unhappy combination that in large quantities acquires the aroma of urine. Advertiser Newspapers in Adelaide hosts a more pungent smell when waste trucks pump raw sewage from the building ' s septic tank.