Murdoch

In 1960 Murdoch bought a network of 24 suburban newspapers in New South Wales as well as the Sydney Daily Mirror and The Truth in Melbourne and Brisbane. Two years later he bought a major shareholding in the Nine Network TV stations and launched a national newspaper, The Australian in 1964.

At that time he began his international expansion, buying a network of newspapers in New Zealand (sold earlier this year to the rival Australian newspaper company, Fairfax Limited) and in 1969 bought the UK titles the News of the World and The Sun.

His expansion into the US newspaper industry commenced with the purchase of the San Antonio Express and News in 1973 and in 1976 the New York Post. His global expansion continued with the purchase of the UK publications The Times and the Sunday Times in 1976. In the 1980’s Murdoch’s News Corporation moved into television news in the US forming the Fox Network, the purchase of 20th Century Fox and in the 1990’s the development of satellite television in the UK and Asian markets.