Global media tycoon Rupert Murdoch has, in his late seventies, lost none of the flair and tenacity that has characterised his long career. As his audacious acquisition of the Wall Street Journal last year demonstrates.
Beginning with newspapers and television stations in his native Australia, he and his company News Corporation have expanded 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. In 1964, Murdoch launched The Australian, Australia’s first national daily newspaper. He expanded to the UK in 1968, beating his rival Robert Maxwell to secure The News of the World which was in steep decline. When The Sun came on the market in 1969, Murdoch acquired and converted it into a tabloid.
By 2006 it had a daily circulation of three million copies. He acquired the Times and The Sunday Times in 1981. In 1986, Murdoch introduced electronic production processes to his newspapers in Australia, the UK and the US, leading to significant job losses in the industry.
In the UK, the bitter dispute at Wapping resulted in street battles, demonstrations and a great deal of bad publicity for Murdoch.
Today, most newspapers around the world are produced using these methods.
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