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Rupert Murdoch: Media
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It surprises many when they learn that Murdoch attended the prestigious Oxford University Bachelor of Arts program at Worcester College. He went on to earn a master's degree in arts from the same school. His formal journalism education included media management and business training.
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One reason Kristol was able to help create this war was the fact that he had a ready-made platform, courtesy of the Australian press lord Rupert Murdoch, who underwrites Kristol's magazine, The Weekly Standard. Never mind that, according to Washington Post media critic Howard Kurtz, the magazine has operated at a financial loss ever since it was founded. It succeeds in its main purpose, which is to provide legitimacy to the ubiquitous Kristol and other staffers of the little-read Weekly Standard in their primary role as television talking heads.
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As Rupert Murdoch continues to spend millions of dollars on his 20 or so titles in Brisbane, just to ensure his monopoly, one has to ask what does he get in return? Here's an extract from 'Woolly Days' intriguing post of 30/11/07 - 'Insiders and outsiders: a comparison of Brisbane media practices'. The post offers some insight into how things operate at Bowen Hills (Melanie Christiansen is a journalist with the 'Courier-Mail' and Gordon-Brown is the Managing Editor of 'The Independent'):
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In 1993, Murdoch further expanded his media empire into the Asian market with the acquisition of Star Television. The satellite service encompasses a vast market than runs from East Asia all the way to the Middle East.
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A strike force of Mr. Murdoch’s lobbyists joined other media companies in working on the issue. The White House backed the industry, and in a late-night meeting just before Thanksgiving, Congressional leaders agreed to raise the limit — to 39 percent.
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On February 8, 2007, Murdoch promised guests at the McGraw-Hill Media Summit that, "a Fox channel would be 'more business-friendly than CNBC. That channel leap[s] on every scandal, or what they think is a scandal,' he said." [18]
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