Existing comment:
A Global Reach:
Australian-born media mogul Rupert Murdoch has amassed the most far-flung array of media properties in the world. His News Corporation empire stretches across five continents. His acquisition of a number of television stations led to the formation in 1986 of Fox Broadcasting Co., which a decade later launched the cable- and satellite-delivered Fox News Channel. In 2007, Murdoch purchase Dow Jones & Co., publisher of The Wall Street Journal. |