
90 Case Studies in Business Ethics and Corporate Governance
His parent company, News Corp., now had a global presence (Exhibit VI) with over 800 companies
in more than 50 countries.
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Thrice, the TIME magazine included Murdoch among the 100 most infl uen-
tial people in world in its list “Time 100”,
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and the Forbes ranked him 13th in its list of “The World’s
Most Powerful People” in 2010.
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INDUSTRY CHARACTERISTICS
Print Media Industry Analysis
With the invention of radio in the early 1930s, people thought that the end to the world of newspapers
is near. A similar doubt was raised in the society when fi nally television came into existence. But again, ...