Turner resumes verbal war with Murdoch. (Time Warner Inc. vice-chairman Ted Turner; News Corp. Chmn. Rupert Murdoch)
Multichannel News, January, 1997 by Hearn, Ted
WASHINGTON - Time Warner Inc. vice chairman Ted Turner last week resumed his verbal assault on News Corp. chairman Rupert Murdoch by predicting the collapse of his archrival's direct-broadcast satellite business. Turner, speaking to a local cable group here with two Federal Communications Commission members present, said Murdoch's American Sky Broadcasting was doomed because of its "way-late" entry into the DBS business and various reports that ASkyB partner MCI Communications Corp.
was looking to reduce its 50 percent stake. "He's going to lose his ass," Turner said. "Mark my words. You can write that down: They'll lose their buns." MCI sources have said that the company is considering reducing its stake in the video side of the ASkyB venture in order...
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