Murdoch Takes Strike ; the 37-Year-Old Lachlan Murdoch Clearly has Ambitions of Emerging As a Media & Entertainment Baron in His Own Right, and He's Going About It in His Own Quiet Way. The One-Time Heir Apparent to News Corp. Has India On His Radar.

Business Today (April 20, 2008)

Author: Anusha Subramanian

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Summary


Till a few years ago, Lachlan Murdoch was famous for his dashing looks, a tattoo on one of his forearms and a swimsuit model on the other (to whom he is married). Then, some time in mid-2005, the eldest son of global media baron Rupert Murdoch, Chairman, News Corp., abruptly walked away from the integrated media conglomerate his father founded, and which he was tipped to head (he's still on the board, and a consultant to News Corp.).

Early this year, Murdoch began plotting a re-entry into the media sector, along with James Packer (son of late media mogul Kerry Packer), by making a bid for Consolidated Media Holdings, an Australian media major. At the time of writing, Murdoch had suffered a setback, what with a major financial backer of the proposed $3.3- billion bid withdrawing support to the acquisition.

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Murdoch Takes Strike ; the 37-Year-Old Lachlan Murdoch Clearly has Ambitions of Emerging As a Media & Entertainment Baron in His Own Right, and He's Going About It in His Own Quiet Way. The One-Time Heir Apparent to News Corp. Has India On His Radar.

The 37-year-old Murdoch clearly has ambitions of emerging as a media & entertainment baron in his own right, and he's going abou...

See the full content of this document