LYCOS RETRIEVER 
Kerry Packer: Defamer Australia
built 818 days ago
Kerry Packer was a man who liked to get his own way. So when the ACB rejected his bidfor the TV rights to Australia's Test and one-day matches in favour of the Australian Broadcasting Corporation, they should have known that repercussions were likely.
Source:
Kerry Packer knew how to make money, and in 1987 Alan Bond, a UK-born West Australian entrepreneur, offered Kerry Packer $1billion for the Nine Network’s Sydney and Melbourne stations. That was certainly over-valued and Bond Media became the new owners. On selling the Nine Network for an obscene amount of money, Packer commented, “You only get one Alan Bond in your lifetime, and I’ve had mine.” Three years later, like most stock-market-crashed businessmen, Alan Bond was in deep financial trouble, and Kerry Packer bought back his beloved Nine Network for a mere $200 million dollars - one of his finest hours.
Source:
Kerry Packer famously stated after his first heart attack that there is no heaven and no devil, but he certainly left behind a hell on earth for the hundreds of thousands of problem gamblers and their families. His gaming companies extract $1.7 billion annually from gamblers, including over $500 million from problem gamblers, according to Productivity Commission research. That legacy of "a great Australian" will remain long after the journalists' servile utterances have been forgotten.
Source:
Kerry Packer did more for TV sport than most modern day TV moguls, and he did more than anyone in lifting the quality of television in Australia. The last word on Kerry Packer goes to Dr Rudi Webster, manager of the West Indies team during World Series Cricket: “He brought life to cricket were there was no life. He brought financial gains to players who were not making much, or not making what they deserved. He brought joy to fans, and changed forever the way the game was viewed”.
Source:
Kerry Packer is was one of the most influential businessmen in Australia. With his Publishing and Broadcasting Limited company he controlled much of the media in the country. He had television interests, magazines, newspaper, and internet properties.
Source:
The origins of Packer’s enormous wealth can be traced back to Kerry Packer’s grandfather, Robert Clyde (R.C.) Packer. The son of a colonial customs official in Tasmania, R.C. Packer moved to Sydney in 1900, one year before the federated Australian nation-state was founded. After first working as a journalist, R.C. helped found the popular Smith’s Weekly newspaper in 1919, which was followed by the Daily Guardian in 1923.
Source:
MORE ABOUT
Defamer Australia