Industry Context Flashcards
1
Q
Who is Rupert Murdoch?
A
The world’s most famous media and news mogul
The Australian born, American neutralised businessman came from humble journalistic editorial beginnings
2
Q
Who does Rupert Murdoch own?
A
21st Century Fox and News Corp
3
Q
Who did Murdoch sell the majority of 21st Century Fox’s entertainment assets to? For how much?
A
Walt Disney Company, for $71.3 billion
4
Q
Why might Murdoch’s dominant control of the news media be a problem?
A
Murdoch’s continued dominance in news media has often been cited as a concern that one individual so influential, as the owner of such a vast and far-reaching media empire prevents a fair and equal media market.
His own personal political affiliation is widely recognised as right wing in nature
