Word: murdochized
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...magazines and a daily racing-tip sheet be worth billions of dollars? Maybe so, if the buyer is Keith Rupert Murdoch. Last week the Australian-born press baron agreed to buy Triangle Publications, which puts out TV Guide (circ. 17.1 million), the Daily Racing Form (123,000) and Seventeen (1.9 million), from Walter Annenberg, the California businessman and philanthropist, for $3 billion. While TV Guide may be the undisputed king of television listings and boast the largest circulation of any U.S. magazine, media experts concur that Murdoch is paying a premium price that will add to his already considerable debt...
...acquisition will bring Murdoch and his Sydney-based News Corp. one step closer to his goal of developing the most powerful communications empire in the world. After the deal is completed, the U.S. circulation of Murdoch's magazines, which include New York and New Woman, will total some 25 million. That will put News Corp. at roughly the same level as Time Inc., the largest U.S. magazine publisher...
Magazines, however, are but one of the pillars that support Murdoch's far- flung realm. The others: newspapers, books, films and television. Murdoch controls more than 60% of metropolitan newspaper circulation in Australia and 36% of the national distribution in Britain. Although he built his company primarily on racy tabloids and conservative politics, Murdoch also publishes the venerable Times and Sunday Times in London and the well-respected Australian, and he is part owner of the South China Morning Post in Hong Kong. While he has sold the New York Post and the Chicago Sun-Times, he still owns...
Kirkpatrick, who belatedly endorsed the candidacy of Sen. Robert Dole (R-Kan.), said that media magnate Rupert Murdoch had strongly encouraged her to run. "I'm chicken--call me chicken," she told The Crimson, explaining her decision to stay out of the race...
Although Amsterdam and Post Publisher Peter O. Price insist that the essential character of the paper will not change, it is already in transition. Under Press Lord Rupert Murdoch, the Post lost millions trying to win blue- collar readers away from the rival Daily News, while attracting a scant 10% of New York City's newspaper advertising dollars. After rescuing the paper from imminent death when Murdoch was forced to sell it last February, Kalikow brought in Price, who switched it from afternoon to morning publication and launched an expensive campaign to woo upscale commuters...