Fleet Street has not seen the likes of him since young Max Aitken (later Lord Beaverbrook) invaded Britain's newspaper scene more than half a century ago. There was, of course, the entry of a second Canadian in 1959. But Roy Thomson, at 65, was too old to provoke the image of an upstart interloper. Australian Rupert Murdoch has not only arrived at the same age as Aitken (37); he also shares—indeed, may even exceed —the Beaver's hustle.
Last January, Murdoch gained control of the 6,130,000-circulation News of the World, a lurid Sunday paper, by...
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