Rupert Murdoch takes over the Daily Mirror, a Sydney tabloid, in May 1960. Sometimes soft-spoken, but invariably hard-driving, Murdoch acquired major papers in every Australian state. He bought TV stations and established the first truly national daily.
Credit Rob Griffith / AP
News Corp. Chairman and CEO Rupert Murdoch delivers the Boyer Lectures in Sydney, Australia, on Nov. 2, 2008.
Ultimately, all roads lead home for Rupert Murdoch.
"The story of our company is the stuff of legend: from a small newspaper in Adelaide to a global corporation based in New York, with a market capitalization of about $44 billion," he said last October, when he addressed a News Corp. shareholders meeting in Los Angeles.
Australiansview the company's history differently.