Trump signed an executive order approving a TikTok deal that hands control to close allies Larry Ellison (Oracle), Rupert and Lachlan Murdoch (Fox Corp), and Michael Dell, with Oracle managing the algorithm and security infrastructure. The investor group—including Oracle, Silver Lake, Andreessen …
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Fox News fired its top-rated host Bill O’Reilly on April 19, 2017, after The New York Times revealed O’Reilly and 21st Century Fox had paid approximately $13 million to settle sexual harassment claims from at least five women over more than a decade. The women, who either worked for …
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Rupert Murdoch launched Fox News Channel on October 7, 1996, with Roger Ailes as CEO, explicitly designed as a conservative propaganda outlet disguised as news. The network’s ‘Fair and Balanced’ slogan masked its partisan agenda, while Murdoch paid cable companies $10 per …
In 1985, Rupert Murdoch orchestrated a pivotal expansion of his media empire through strategic acquisitions and regulatory maneuvering. Key developments include acquiring 50% of 20th Century Fox in March for $162 million and purchasing Metromedia television stations for $3.5 billion in May. Most …
Robert Maxwell acquires Mirror Group Newspapers (MGN) from Reed International for £113 million in July 1984, gaining control of six British newspapers including the Daily Mirror. This strategic acquisition significantly expanded Maxwell’s media influence in Britain and triggered an intense …
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