2005, ISBN: 9781156278345

Purchase includes free access to book updates online and a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: … Plus…

Purchase includes free access to book updates online and a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: Kerry Francis Bullmore Packer, AC (17 December 1937 26 December 2005), son of Sir Frank Packer, was an Australian media tycoon whose family company owned controlling interests in both the Nine television network and leading Australian publishing company Australian Consolidated Press (which were later Purchase includes free access to book updates online and a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: Kerry Francis Bullmore Packer, AC (17 December 1937 26 December 2005), son of Sir Frank Packer, was an Australian media tycoon whose family company owned controlling interests in both the Nine television network and leading Australian publishing company Australian Consolidated Press (which were later merged to form Publishing and Broadcasting Limited (PBL)). Packer was famous for his abrasive personality, his wealth, his lavish gambling habits, his expansive business empire and his highly publicised clashes with the Australian Taxation Office and the Costigan Royal Commission. At the time of his death, Packer was the richest and one of the most influential men in Australia. In 2004 Business Review Weekly magazine estimated Packer's net worth at AUD 6.5 billion. Packer, through his family company Consolidated Press Holdings, was the major shareholder, with a 37% holding, in Publishing and Broadcasting Limited (PBL), which until Packer's death owned the Nine television network and Australian Consolidated Press, which produces many of Australia's top-selling magazines. He was involved in a number of other gambling and tourism ventures, notably Crown Casino in Melbourne. The Nine Network and Australian Consolidated Press businesses have since been divested to PBL Media. Packer was widely respected in business circles, courted by politicians on both sides, and he was widely regarded as one of the most astute businessmen of his time, despite the fact that he had been a poor student. Although Packer's reputation as an astute businesman legendary and he did make some good investments, he was by no means a self-made manhis grandfather and his father Sir Frank Packer had built up the media empire and its related holdings over many decades. As pointed o. More: Books, , Australian-Newspaper-Publishers~~Books-LLC, , , , , , , , , , General Books LLC<