Word: murdochized
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...Backs Murdoch...
...first waiver ever of a rule forbidding ownership of a newspaper and a TV station in the same market, the Federal Communications Commission gave Rupert Murdoch permission to buy New York City's Post even though he owns the city's Fox TV affiliate. Murdoch had threatened to shut down the tabloid paper, which he has been running provisionally for months...
...RUPERT MURDOCH...
...back. No, not Arnold Schwarzenegger. It's Rupert Murdoch, who's trying to prevent the termination of the bankrupt New York Post. Five years ago, after Murdoch bought a New York TV station, federal regulators forced him to sell the tabloid. A series of inept owners followed; the latest, Abe Hirschfeld, was so despised that his workers aboused him with headlines like WHO IS THIS NUT? In desperation, New York pols are importuning Washington to let Murdoch buy the Post again. Though staff members cheer, they may still face demands to tighten their belts one more notch...
...Murdoch was most impressed with Diller's attention to detail and tight hand on the purse strings. "He was a very conservative manager," says Murdoch. "He would arm-wrestle movie producers for months." But after Murdoch moved to Los Angeles and started taking a more active role in his entertainment company, Diller began to chafe. "I never really felt I worked for Rupert Murdoch," he says. "I made decisions as if I owned the place." A turning point came at a News Corp. board meeting in the summer of 1991, when Diller made some suggestions that seemed to be ignored...