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News Corp: Making of a Global Media Business |
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Can we change the world? No, but hell we can all try. - Rupert Murdoch1. IntroductionDisney continued its disappointing performance. On the other hand, Fox Entertainment Group, which was owned by News Corp. was the top-performing major media stock in 2002. News Corp, which included the company's newspapers and other global properties, was the third best performer (See Exhibit I). While top-management squabbles were common in many other media companies, Murdoch's top management team headed by chief operating officer, Peter Chernin (Chernin) seemed to be working like a well-oiled machine...
1] Interview with Rupert Murdoch, British Journalism Review, Volume 10, No. 4, 1999. |
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