Cross-Ownership-Rules

Murdoch Strategic Media Empire Expansion and U.S. Media Regulatory Navigation

| Importance: 9/10

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 …

Rupert Murdoch John Kluge Marc Rich media-consolidation regulatory-capture murdoch-empire media-ownership cross-ownership-rules
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