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    Kerry Packer

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    Kerry Packer

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    Kerry Packer Kerry Francis Bullmore Packer war ein australischer Medienunternehmer. Packer galt als der reichste Mann Australiens. Kerry Francis Bullmore Packer (* Dezember in Sydney, Australien; † Dezember ebenda) war ein australischer Medienunternehmer. Packer. Kerry Francis Bullmore Packer AC ( Dezember - Dezember ) war ein australischer Medienmagnat und galt als einer der. Finden Sie perfekte Stock-Fotos zum Thema Kerry Packer sowie redaktionelle Newsbilder von Getty Images. Wählen Sie aus erstklassigen Inhalten zum.
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    Er könnte die Vögel aus den Bäumen bezaubern, aber er könnte ein Tier sein.

    He could be incredibly abrasive and then extraordinarily compassionate. In some ways the magnate's "ocker" tastes were the secret of his success, with a populist magazine empire and television network that frequently outperformed their rivals.

    But his burning desire was to make even more money; his fortune grew more than five times after he supposedly gave up business in , and a ferocious sense of privacy set him well apart from most of his readers and viewers.

    With wealth came power, and Pack- er's close connections with politicians, especially the former Labour prime minister Bob Hawke, ensured that the Canberra government's media policy often went his way.

    While in office, Hawke signed off a testimonial video for his mate with the words "Good on yer, Kerry, you've been true blue [loyal].

    Packer believed that people could be bought. In , before he pulled off perhaps his greatest coup in establishing World Series Cricket , he was stuck in talks with the Australian Cricket Board about television rights to Test matches.

    He also liked to win, especially at gaming tables around the world, where tales of his successes, losses and extraordinary tips are legendary.

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    All fixtures All matches in Australia. All results Domestic results. The incident foreshadowed a new landscape, which brought big changes for Kerry Packer.

    Consolidated Press was left with its profitable magazines and Channel Nine television stations. Clyde Packer, always considered the intellectually brighter son, and the most likely heir, fought with his father, took his inheritance and left Sydney for California.

    So, when Sir Frank died only two years later, in , it was the less prominent Kerry who succeeded his father in all corporate posts.

    To many people's surprise, Kerry Packer embarked vigorously, and with considerable acumen, on consolidating and expanding the dynasty.

    He took a deep personal interest in the fortunes of Channel Nine, building it to a dominant role in Australian commercial television with slick, professional programming.

    His formula centred on popular current affairs programmes and grasping control of the television rights for as many big sporting events as he could.

    It was his obsession with television sport which introduced him to a shocked British public in , when he declared war on the cricket establishment in Britain and Australia with his outrageous World Series Cricket venture.

    This amounted to buying the world's best cricketers to stage his own matches on Channel Nine, in order to wrest the rights held by the state-owned Australian Broadcasting Corporation.

    His WSC one-day matches featured matches under lights, with players wearing coloured clothing and using a white ball. Later that year, after bans were imposed on Packer players, he took the Test and County Cricket Board to the High Court and won, with the judge ruling that the bans were an unreasonable restraint of trade.

    Packer agreed to disband his cricket venture only after the Australian authorities eventually caved in and granted him long-term rights to televise and market cricket in Australia.

    Despite the establishment's deep bitterness towards Packer, the shake-up did produce lasting financial benefits for many under-paid players.

    And it demonstrated, at their most brutal, two characteristics which Packer employed as an ever more successful tycoon: the power of money, and the ability to pick the right deals.

    With his television and magazine outlets generating millions of dollars, Packer moved into the s expanding Consolidated Press's investments beyond its traditional media base.

    In Australia, he bought coal mines, ski resorts, cotton farms, a chemical company and prime investment properties in Sydney and Melbourne.

    And, in , he bought out the public's shareholding in Consolidated Press itself, turning it into Australia's biggest private company.

    In the United States, he took over Valassis, the largest newspaper coupon-inserting business in the country.

    With the Australian magazines, it became the financial core of his empire. The year was pivotal for Packer. Next to Packer and Murdoch, their pedigrees as media operators were zero.

    But, when the Australian Labor government changed the rules on media ownership, preventing simultaneous ownership of newspapers and television in the same city, it was a signal for the new breed of entrepreneurs to swoop.

    Packer later described his decision to sell as ''gut- wrenching'', and likened it to how his father must have felt when he sold the Packer family's newspapers to Murdoch 15 years earlier.

    Like father, like son, sentiment was overriden by the fact that the price was too good to refuse. But Packer clearly thought Bond was a fool.

    He claimed, rightly, that he would buy the network back one day for less than half the price Bond paid for it.

    The young Warwick Fairfax had embarked on a bold, and, as it turned out, disastrous move to privatise the Sydney-based John Fairfax media group, which had been in Fairfax hands for almost years.

    The titles entrenched Packer's dominance as a magazine publisher, and strengthened his role as a predator on the Fairfax group when the privatisation began to fall apart three years later.

    The Fairfax group wound up in receivership, from which it emerged in under the control of Conrad Black, the Canadian proprietor, for five years.

    Packer liquidated his share-market exposure just before the crash of October , which devastated most of Australia's new-wave entrepreneurs.

    But, in mid, Packer won his most audacious prize when he bought back the Nine television network from a debt-stricken Alan Bond for virtually nothing: he paid for it by converting preference shares into equity.

    Crucially, Packer drove home the lesson that cricket was a marketable game, which could generate huge revenues. Austin Robertson when he was promoting his book [36] Cricket Outlaws [37] stated how much the directors were paid for World Series Cricket.

    From Wikipedia, the free encyclopedia. Professional cricket competition from to Play media. This section needs additional citations for verification.

    Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.

    June Learn how and when to remove this template message. Main article: List of World Series Cricket venues. Cricket portal. Accessed 29 July Sydney Morning Herald.

    Accessed 28 July The ICC was not a defendant in the case as it had no legal "personality" at the time. Accessed on 29 July Accessed 30 July Retrieved 27 September Accessed 10 August Retrieved 18 August Retrieved 23 December Cricket Outlaws.

    Australia: Pan MacMillan. World Series Cricket. This story has many versions and the complete truth of the details has probably been lost over the years but the bones of the story goes a little something like this….

    They say Kerry was playing every box at a blackjack table and not allowing anyone else to play or back bet at the table. They say this angered an arrogant Texan oil baron.

    The Texan began to throw his weight around, complaining and telling all and sundry he was a big deal. Packer was widely respected in business circles, courted by politicians on both sides, and was widely regarded as one of the most astute businessmen of his time, despite having been a poor student.

    Although Packer's reputation as an astute businessman was legendary and he made some good investments, he was by no means a self-made man —his grandfather, Robert Clyde Packer , and his father, Sir Frank Packer, had built up the media empire and its related holdings over many decades.

    Packer controlled Nine Network and Nine's Wide World of Sports in the s, and "famously sold the network to Alan Bond and then bought it back three years later for less than a quarter of the price.

    Moreover, Packer was not the first choice to take over the running of the family's business empire—his father had intended that Kerry's elder brother, Clyde Packer, would take over the company, but Clyde fell out with his father in the early s and left Australia permanently.

    Further, his principal Australian investments in television and casinos were highly protected from competition by government regulation which Packer and his employees worked very hard to have maintained.

    The Packer family's business reputation suffered a blow following the collapse of One. Tel , a telephone company in which his son, James , had invested.

    Kerry Packer was also one of Australia's largest landholders. The Packer family has long been involved in media.

    Sir Frank wanted Kerry to experience work in the newspaper industry from the ground up, so Packer started in the loading dock of the Sydney newspaper The Telegraph , loading papers.

    He was not originally destined for the role, but in the early s Kerry took the place of the designated successor, his older brother, Clyde, after Clyde fell out with their father, quit PBL and moved to America.

    Kerry took over the running of PBL in , on the death of his father. In , Packer made a fortune at the expense of disgraced tycoon Alan Bond.

    Packer later quipped, "You only get one Alan Bond in your lifetime, and I've had mine". After the sale to Bond, Packer said that he had regretted the decision to sell Nine and wished he had not gone through with the transaction.

    Packer sometimes took a direct interest in the editorial content of his papers, although he was far less interventionist than the notoriously hands-on Rupert Murdoch.

    Packer also occasionally interfered directly in the programming of his TV stations; in , he called his Sydney station, TCN-9 , and ordered its personnel to "Get that shit off the air!

    It has since aired in its entirety. He is also said to have often manipulated broadcasts of cricket himself, to ensure that the end of a cricket match was broadcast, despite previously set television broadcast schedules.

    Packer faced a Australian government inquiry into the print media industry with some reluctance, but great humour. When asked to state his full name and the capacity in which he appeared, he replied: "Kerry Francis Bullmore Packer.

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    Kerry Packer

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