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Comment: The family media merry-go-round continues

August 4, 2010

What is it about family business owners and newspapers? After years of toiling away establishing efficient companies, often with little or no borrowings, why do some businessmen buy loss-making media outlets?

Family control wanes at Farifax Media

July 20, 2010

John B Fairfax, board member of the family-controlled media company, announced yesterday he will not stand for re-election at the next Fairfax Media AGM.

His announcement means the founding family will have only one representative on the company's board, John's son Nicholas Fairfax.

Shaw succeeds in Canwest takeover

June 25, 2010

Shaw Communications, the family-controlled media giant, won court approval for its proposed takeover of Canwest Global’s broadcasting arm on Wednesday after amending its offer to include a $10.6 million payout to shareholders, including Canwest’s founding family.

Shaw Communications, the family-controlled media giant, won court approval for its proposed takeover of Canwest Global's broadcasting arm on Wednesday after amending its offer to include a $10.6 million payout to shareholders, including Canwest's founding family.

Clear Channel family CEO to step down

June 24, 2010

Mark Mays, the second-generation president and CEO of Clear Channel Communications Inc, announced yesterday he plans to step down as company head by the end of the year.

Founding family opposes takeover of Canwest

June 3, 2010

The Asper family, founders of Canada-based media company Canwest Global Communications Corp, is challenging the proposed takeover of the business by family-controlled media giant Shaw Communications Inc.

How to succeed at empire building

March 3, 2010

Jim Shaw is a force to be reckoned with in the Canadian cable industry. The third-generation CEO of the Shaw empire is known for his cowboy charm, gruff temperament and ability to deliver healthy returns, writes Jennifer East

Jim Shaw is a force to be reckoned with in the Canadian cable industry. The third-generation CEO of the Shaw family empire is known for his western cowboy charm, gruff temperament and ability to deliver healthy returns to shareholders. Shaw's recent bid for bankrupt CanWest Global Communications Corp means the tenacious CEO must now navigate the troubled waters of the conventional broadcast business, writes Jennifer East.

Pindar: media in the lap of the gods

September 1, 2008

Andrew Pindar’s father learnt the hard way that being pressured to join the family business is far from an ideal way to start your corporate career. This has framed how Andrew approaches his management style and GA Pindar & Son is reaping the rewards says Marc Smith

Andrew Pindar's father learnt the hard way that being pressured to join the family business is far from an ideal way to start your corporate career. This has framed how Andrew approaches his management style and GA Pindar & Son is reaping the rewards says Marc Smith

Dolan family acquire Newsday Media Group

May 12, 2008

Cablevision Systems Corporation, owned by New York's Dolan family, has teamed up with Tribune Company to purchase Newsday Media Group, owners of one of the America's largest daily newspapers.

"Newsday is one of the great names in the history of American journalism," said Cablevision chairman Charles F Dolan. "It is both an honour and privilege to return Newsday back to Long Island-based ownership after nearly 40 years."

Debate: “My family is in the news for the wrong reasons – what should I do?”

May 1, 2008

The public loves to read about prominent families and they especially like a morality tale where wealth and ambition brings ultimate sadness, struggle and defeat upon the family.

Dennis Jaffe is a founding partner of Relative Solutions, a family business consulting company.

Hilary Morison is a PR consultant with Media Relations Management, a London-based media company.

Dennis Jaffe says:

Media baron scions' joint venture crumbles

April 8, 2008

A joint venture led by two next generation members of Australia’s most powerful families has ended after only two months.

A joint venture led by two next generation members of Australia's most powerful families has ended after only two months. Lachlan Murdoch, son of News Corp chief Rupert, has written to Consolidated Media Holdings stating that the deal he was pursuing with CMH executive deputy chairman James Packer (pictured) to purchase the firm is off.

The letter from Murdoch stated that they are "not in a position to proceed with the Indicative Proposal due to material changes in the overall transaction terms. Accordingly, the Indicative Proposal has been withdrawn."