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Media Mogul
Media mogul

A person who owns and operates major media companies in a personal or eccentric manner, while taking business risks, can be categorized as a media mogul (Tunstall and Palmer, 1991: 105). Those proprietors, traditionally known as press barons, are now largely referred to as media moguls as a result of cross-media ownership.

The twentieth-century trend towards more concentrated ownership of national (and regional) newspapers means that the power of the press has increasingly been in the hands of a few individuals like Australian-born Rupert Murdoch, owner of News Corporation, with global business interests across a range of media which include a host of national newspapers, and substantial stakes in the Fox Entertainment Group and British Sky Broadcasting (BSkyB). These media moguls have often acquired ...

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