Rupert Murdoch – Chairman of News Corp, Owner of the Wall Street Journal

Melbourne, Victoria, Australia was the birthplace of Keith Rupert Murdoch. He was born into a wealthy family in 1931 and his father was a leading owner of many newspapers. Young Murdoch was sent to Oxford University while a young teen and he was only 22 years old when the elder Murdoch suddenly died under what was deemed suspicious circumstances.

As the heir to the newspaper family business Keith Rupert began to assume many executive duties and in 1953 he became the managing director of the News Limited. Soon his attentions would focus on the expansion of the Murdoch empire and he set about acquiring many of the competing news publications.

His first buyout was the Perth based Sunday Times. The brash young businessman utilized many of the tabloid fundamentals that he had learned from both Lord Northcliffe. Soon the struggling Sunday Times had become a major success. Expanding his reach, Rupert Murdoch began acquiring other newspaper businesses such as The Daily Mirror. It would not be long before Murdoch took control of The Dominion paper in New Zealand. This would be followed by additional takeovers that would eventually lead to Rupert Murdoch becoming the dominant stock shareholder for the New Zealand Independent Newspapers Limited media group. He would retain this prominent position until 2003.

Murdoch was directly responsible for the debut of Australia’s 1st daily newspaper to achieve national prominence, The Australian. This paper would help boost Rupert Murdoch’s personal stock and would earn him a reputation for heading a serious, quality newspaper. Additional businesses were added to the rapidly expanding Murdoch network but once he had made conquests in Australia, New Zealand and Britain his eye was on moving into the US newspaper world.

The first of Murdoch’s many acquisitions in the US would occur in 1973. This was the year when Rupert Murdoch would seal a deal that gave him the San Antonio Express-News. Shortly after this buy was completed he created a tabloid that would become a fixture on news stands and supermarket checkout aisles, The Star. 3 years after making his first US newspaper buyout Rupert Murdoch would take over the New York Post.

Murdoch still wanted to add to his thriving media empire and in order to purchase a US television station he became a naturalized United States citizen in September of 1985. His Fox Network would be embroiled in controversy and scrutiny at the beginning but today this network is a major player in the market. In 1995 Rupert Murdoch cinched a deal with communications giant MCI that provided for the development of The Weekly Standard which was to be a combined project involving both a news website and a magazine.

His most recent acquisition was that of the 2007 purchase of the US based financial journal, the Wall Street Journal and the Dow Jones Company from the Bancroft family. The Bancrofts initially rebuffed the News Corp offers but after 3 months and a sweetened offer of $60 per share or just more than $5 billion.

Even though he has had to battle lawsuits, enormous debts and a shifting world economy Rupert Murdoch continues to be a leader in the world of media and communications. He recently celebrated his 79th birthday and his current personal net worth is estimated to be $4 billion dollars.

Autocar India – The Leading Automotive News Magazine in the Country

Autocar is clearly the established world leader when it comes to automotive news media. With a history of over 100 years, it easily bears the legacy of the world’s oldest automobile magazine. Autocar was first introduced in 1895, as a weekly British automobile magazine published by Haymarket Motoring Publications Ltd. Today, along with the UK, there are other editions including India, China and South Africa.

Launched in September 1999, Autocar India is the country’s leading authority for motorbike and car owners; always seeking to be a forerunner. The magazine is known for pioneering road testing in India, and is the last word on new cars and bikes because of its authentic road test verdicts. It was also the first magazine to explore the Tata Nano, and showcase its interiors. Other magazines are envious of its reputation for exemplary editorial content, as well as high production standards with the magazine receiving accolades from both the industry and consumers alike.

The Autocar India editorial team ranks among the most experienced editorial teams in India, producing daily news and reviews on the latest cars and motorbikes. Hormazd Sorabjee is the Editor, with an experience of over 25 years in writing about cars; from a 65-ton battle tank to a Formula 1 car, he has driven it all. Shapur Kotwal is Deputy Editor and a part of each of the magazine’s extensive road testing activities. He also supervises test instrumentation, data acquisition and has commanded the most experience as a road tester in India. Akbar Merchant leads the staff writers, who cover all the latest scoops, launches, developments, and breaking news in the Indian automotive industry.

Autocar India’s monthly content includes exclusive news, features, and fascinating automobile stories. The magazine was the first to pioneer the concept of advertorials in India. Incidentally, it contains the largest and liveliest classified services section among any other monthly automobile magazine.

Autocar India promises to- “Get you the perfect fix of heady automobiles and dish out thorough reviews of the latest cars and bikes on Indian streets.” The world of cars is exciting to so many of us and Autocar brings alive its piquant stories and engaging features; making it the must-read magazine for everyone interested in cars.

Autocar India has always remained true to its heritage with its exhaustive and authoritative road tests. The best in the business, they have grown from being just a car magazine to becoming the expert on any car brand. The magazine boasts of a readership of more than twice the readership available for the closest rival, making it, by far, India’s best-selling car magazine. But more than the numbers, it is the content that makes it India’s best car magazine.

Autocar is known for being the only magazine to provide content towards leading dailies like The Telegraph, The Hindu, The Hindustan Times and more. Editor Hormazd Sorabjee also hosts the popular show on UTVi on cars and bikes.

According to a report, the Indian vehicle manufacturing industry has increased its growth by 13% over 10 years now, and contributes 6% to India’s GDP. Autocar India had joined hands with Bloomberg TV to present the awards praising the role of the automotive industry for increasing the growth rate of the Indian economy. Awards include: Renault Duster for “Car of the Year (Jury’s Choice)”, “Viewer’s Choice Car of the Year”, and “SUV of the Year”. Mahindra and Mahindra won the ‘Manufacturer of the Year’ award. “Bajaj KTM 200 Duke” won “Bike of the Year (Jury’s Choice)” and “Viewer’s Choice Bike of the Year” awards.

With India being the third largest internet user in the world, there is little doubt that at least a quarter of them will be hooked onto digital reading, which gives them access to an Autocar India digital subscription. Going by the population of the world and the number of internet users, there is no doubt that digital magazines are the future. Also with the access to mobiles and tablets that can be used as readers, the development of apps for publishing and reading has taken the market by storm; to announce that the future is here! Publishers that have made the switch have already realized the benefits and profits.

Autocar being the oldest automobile magazine has also been the first to switch to the digital version of the magazine. With an Autocar e-magazine you can do much more than you would with a paper magazine. As the magazine is always in the cloud, you can access it at any point in time from practically anywhere; get interactive content on the go and within the app too. Consumers who are unable to carry their favorite magazines around during travel can switch to the digital format of the magazine with ease.