How Angry, Loud Fox News Changed Broadcast News

Tabloid blood would circulate through the arteries of what would become a new American television network, breaking the monopoly of the big three. In 1985 Rupert Murdoch acquired six television stations in the nation's largest ten markets, including New York, Los Angeles, Dallas, and Washington, D.C., from John Kluge's Metromedia conglomerate. The deal, constructed before Murdoch had acquired 20th Century Fox, put the creation of a fourth network within reach. When Murdoch bought out Marvin Davis's stake in both Fox studios and the stations that year, the Australian newspaper king was suddenly America's newest multimedia mogul—with major holdings in print, movies, and television