James Murdoch

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James Murdoch (2008)

James Rupert Jacob Murdoch (born December 13, 1972 in London ) was CEO of the media group 21st Century Fox founded by his father Rupert Murdoch until 2018 . He is a US , UK and Australian citizen.

Beginnings

The fourth of Rupert Murdoch's six children (mother: Anna Murdoch Mann ) stood out among them from an early age, but was also to some extent considered a rebel. In public he first appeared at the age of fifteen as a trainee for the Australian evening newspaper The Daily Mirror (1941–1990). At their competition The Sydney Morning Herald , he made headlines when he was photographed asleep on a sofa at a press conference. Murdoch attended the Horace Mann School in New York , which he graduated in 1991. He then studied film and history at Harvard University . At the university he also published alternative magazines and drew a comic strip for their well-known satire magazine, the Harvard Lampoon . In 1995 he left Harvard without graduating. With his fellow student Brian Brater and Jarret Myer he promoted the progress of the independent hip-hop - Labels Rawkus Records , which then in 1998 by the News Corporation was acquired his father.

Business career

Murdoch joined News Corporation in 1996. He became Chairman of Festival Records and took care of the News Corporation's activities on the Internet . He has had varying degrees of luck with a number of investments, including the financial website TheStreet and the short-lived online music site Whammo . He also continued to contribute cartoons to the US men's magazine Gear . Murdoch is valued for getting his father excited about the internet. He reportedly tried to persuade Rupert Murdoch to buy Pointcast Internet company for $ 450 million before that company went to another buyer for just $ 7 million.

Murdoch replaced the management at Festival Records and in 1999 acquired a 51 percent majority in Mushroom Records . The two companies were united in the Festival Mushroom Records (FMR). Initially, it was assumed that News Corporation could use FMR as the foundation of a new international entertainment company . FMR was already struggling under Murdoch; a rapid descent after his departure was followed in 2005 by the liquidation and sale of the remaining assets. The list of recordings went to the Australian division of the Warner Music Group in October 2005 for just AU $ 10 million , and the publishing division went to Australian music promoter Michael Gudinski a month later for an undisclosed amount .

The newly wed Murdoch became Chairman and CEO of News Corporation's battered satellite service in Asia, STAR Television , which was losing £ 100 million a year at the time, and moved to Hong Kong . On February 13, 2003, he became a member of the management team of the British Sky Broadcasting Group (BSkyB) and in the same year, in a controversial decision, became managing director of BSkyB, in which the News Corporation holds a qualified minority stake. On his appointment, the charge of nepotism was made. It has been felt by commentators and shareholders that the position has been withheld from outsiders and that Murdoch is too young and inexperienced to run one of the UK's most important companies. Murdoch was by far the youngest managing director of a company listed in the FTSE 100 index when he was appointed .

Murdoch has been widely regarded as his father's designated successor since his brother Lachlan Murdoch's surprising retirement from his positions at News Corporation on July 29, 2005. He resigned as Chief Executive Officer of British Sky Broadcasting on December 7, 2007 , and then took over the position of non-portfolio chairman in the company previously held by his father, Rupert. In connection with this, it was announced that Murdoch would also assume "direct responsibility for the strategic and operational development of the holdings belonging to the News Corporation in the area of television , newspapers and related Internet technology in Europe, Asia and the Middle East" . This is accompanied by the management of companies such as News International , Sky Italia , Sky Deutschland and the Satellite Television Asia Region (STAR ​​Group Ltd.). Murdoch operates from News International's headquarters in the Borough of Tower Hamlets in Wapping, East London .

In February 2009, Murdoch was appointed a non- portfolio director at pharmaceutical company GlaxoSmithKline .

Murdoch delivered the MacTaggart commemorative address at the Edinburgh International Television Festival on August 28, 2009 , in which he attacked the British Broadcasting Corporation (BBC) and the British media regulator, the Office of Communications (Ofcom), by "depressing" the expansion of the BBC named and said among other things: "In this market of all media, the expansion of state-sponsored journalism threatens the diversity and independence of reporting, which is so important for our democracy ." The chairman of the BBC, Sir Michael Lyons , replied officially: " We should be careful not to reduce the living whole of radio communications to a few business transactions. The BBC, in the context of its community objectives, emphasizes the importance of impartial input to UK public debate and of the principles that have been established in education and reporting. "

In July 2011, Murdoch closed the British Sunday newspaper News of the World after a wiretapping scandal involving celebrities and the hacking of cell phones of kidnap victims and family members of victims of attacks.

After the far right demonstrations in Charlottesville in 2017 , James Murdoch donated $ 1 million to the Anti-Defamation League . In June 2020, James Murdoch and his wife each donated $ 615,000 to Joe Biden's campaign to become the Democratic Party's candidate for the presidential election .

In July 2020 it was announced that James Murdoch would become the new anchor shareholder of the Swiss trade fair organizer MCH Group through the subsidiary Lupa Systems, which he controls . On July 31, 2020, James Murdoch announced that he had withdrawn from the board of directors of media company News Corp. with immediate effect due to disagreements over certain editorial content and other strategic decisions. has withdrawn.

Private

In 2000, Murdoch married the American Kathryn Hufschmid, who was Director of Strategy and Communication for the Clinton Climate Initiative from 2006 to 2011 and has chaired the Quadrivium Foundation she founded with her husband since 2013. He has three children with her (born in 2003, 2006 and 2008).

Web links

Individual evidence

  1. ↑ https://www.washingtonpost.com/lifestyle/style/james-murdochs-future-uncertain-amid-phone-hacking-scandal-in-britain/2011/07/18/gIQA1OEkMI_story.html
  2. ↑ a b James Robinson: Triumph of the family man . In: The Observer , December 9, 2007. 
  3. ↑ a b c d e f g James Murdoch: A chip off the old block? , BBC News . November 4, 2003. Retrieved March 6, 2007. 
  4. ↑ Emily Bell: Rupert and the joys of nepotism . In: The Guardian , November 5, 2003. Retrieved March 6, 2007. 
  5. ↑ a b James Robinson James Murdoch hits out at BBC and regulators at Edinburgh TV festival . The Guardian , August 28, 2009
  6. ↑ Murdoch son gets key media role . In: BBC News , December 7, 2007. Retrieved May 5, 2010. 
  7. ↑ Chris Tryhorn: James Murdoch takes GlaxoSmithKline role . In: The Guardian , February 2, 2009. Retrieved May 5, 2010. 
  8. ↑ Murdoch's Son: BBC Expansion Is "Chilling," A Threat To Independent Journalism . The Huffington Post , August 29, 2010.
  9. ↑ BBC Trust response to 2009 MacTaggart Lecture . In: The Guardian . Retrieved May 5, 2010. 
  10. ↑ Murdoch takes the scandal newspaper "News of the World" from the market , Spiegel Online from 7 July 2011.
  11. ^ Murdoch closes the News of the World. ( Memento July 7, 2011 on WebCite ) Message from James Murdoch regarding the discontinuation of the newspaper. July 7, 2011, archive copy
  12. ↑ James Murdoch, Rebuking Trump, Pledges $ 1 Million to Anti-Defamation League
  13. ↑ Biden Banks $ 242 million as Big-Name Donors Write Huge Checks
  14. ↑ Inconsistencies in the MCH Group's deal with James Murdoch
  15. ↑ Financial and structural strengthening to overcome the corona crisis and implement the long-term strategy
  16. ↑ James Murdoch resigns from board of News Corp , theguardian.com, August 1, 2020, accessed August 1, 2020
  17. ^ "Disagreements": Resignation: James Murdoch leaves News Corp. im Streit , dwdl.de from August 1, 2020, accessed August 1, 2020
  18. ↑ [1]
personal data
SURNAME Murdoch, James
ALTERNATIVE NAMES Murdoch, James Rupert Jacob (full name)
BRIEF DESCRIPTION American-British-Australian entrepreneur in the fields of print, radio, television
DATE OF BIRTH December 13, 1972
PLACE OF BIRTH London