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MURDOCH: REVISED AND UPDATED

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Title: MURDOCH: REVISED AND UPDATED
by William Shawcross
ISBN: 0-684-83015-9
Publisher: Simon & Schuster
Pub. Date: 02 July, 1997
Format: Paperback
Volumes: 1
List Price(USD): $16.00
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Average Customer Rating: 4.36 (11 reviews)

Customer Reviews

Rating: 5
Summary: An outstanding look into the passion & vision of KR Murdoch
Comment: I'll state from the beginning; I think this is the best book ever written, about one of the most fascinating men in the history of the world.

I have read a number of Murdoch "biographies", including, Murdoch: The Great Escape and Andrew Neil's view of Murdoch in "Full Disclosure". Neither of them have the depth and detail that this book does. But it is more than depth and detail which makes this book truly great. It is William Shawcross' ability to capture the feeling of enormous vision and ambition that Rupert Murdoch has which makes this book unique.

The story describes how his father built one of the greatest news networks in the Australia, the Herald & Weekly Times, yet had few significant assets of his own, as he was an employee of the company.

Thus, while a young Rupert dreamed of ringing the world with satellites that would brodcast news, information and communication around the world, it would be a company owned by his family which would be the beneficiary.

Upon his father's death, he moved to Adelaide, where he took over the Adelaide News, which he built into a formidable earner. He then bought numerous papers around the world, continuing is his dream until he had amassed a huge network of newspaper, television, theatrical and television assets around the world.

One of the most brilliantly told tales of the book is when Rupert went back to the Herald & Weekly Times in his home town of Melbourne and made an offer for the company. After much toing and froing, he bought the company for several billion dollars. "He bought the house his father built".

What makes this book a must buy is that it reads like a long term plan of the News Corporation. You can see how, as a person, Rupert Murdoch is an outstanding manager, visionary and businessman, but you can see that while he manages such a remarkably huge company such as News Corp, he is able to allow in his staff and business units a sense of freedom and entrepeneurial spirit.

This book is perfect for people who love business books, or motivation books, or family tales, or media junkies, or any consumers of FOX, News, BSkyB, HWT, TV Guide, FOXTEL, The Simpsons etc. etc. etc.

I will finish by saying that immediately after I read this book, I bought News shares at $A5.60. They are now around $A18.00 - I am not surprised. I cannot recommend this book highly enough, BUY IT!

Rating: 4
Summary: Relatively balanced business biography
Comment: Murdoch is, to say the least, one of the more controversial figures in media today. His name still inspires visions of the pitched battles that have arisen around the pieces of his empire and the ethical debates about the role of journalism and issues of media ownership. There is a tremendous amount to be learned from studying Murdoch and the way he built his kingdom, and this book is not to be missed, particularly for people studying media history or the media industry.

Shawcross presents a very balanced picture, light on both censure and praise, and manages to give enough personal detail to illuminate the public Murdoch without veering into a personal melodrama. The writing is occasionally a bit dry, but generally of a high quality & the source notes and bibliography are quite valuable in and of themselves.

Rating: 5
Summary: How about an update to the update?
Comment: When I read William Shawcross' "Murdoch" back when it was originally published (early 90s), I thought it was one of the best biographies I had read. I especially liked the author's focus on his subject's "pre-News" days, most notably a very memorable discussion on Murdoch's infatuation with Marxism during his university days.

Murdoch explains that period away with the following answer: "If you're 20 and not a communist, you have no heart; and if you're 40 and not a capitalist, you have no head."

Shawcross then painstakingly builds a portrait of a man who - over the next 30 years - slides clear across the spectrum to become Maggie Thatcher's biggest champion. There's a great blow-by-blow of Murdoch's battle with the press unions at Wapping, with Thatcher's tacit support.

Of course, things in Murdoch's world move quickly, so Shawcross put out an update edition (this one) in 1997. Now, we need an update to the update. So much has transpired in these six years. We need Shawcross' take on:

- The continued rise of the Fox Network (expecially Fox News)
- Lachlan and James Murdoch's increasingly large roles at News Corp.
- The DirectTV takeover attempts (Part 1 and 2)
- Continued efforts to penetrate India and China
- Wife #3 Wendy Deng + two new young children

...and much, much more. Never a dull moment with the man who fellow (now ex-) mogul Ted Turner heads up the world's leading "evil empire."

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