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the packers - media family The Packer Family - Profile

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packer empire - Publishing and Broadcast Limited
Packer Media Empire : Australian Media family
Famous for : Being one of the largest media and entertainment companies in Australia. Started with Robert Clyde Packer and now run by James Packer in the form of Publishing and Broadcasting Limited (PBL).

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The Packer Media Empire was started with Robert Clyde Packer who owned two Sydney newspapers and started the Miss Australia beauty contest. Frank Packer inherited the media interests of R.C. Packer when he passed away in 1934. Frank formed the "Australian Consolidated Press" (ACP) company in 1936 and grew his father's media assets into a major Australian media empire.

Frank's son Kerry Packer took the reigns of the media company upon his death in 1974. It was expected that Kerry's brother Clyde Packer would take control of the company until Clyde and his father had a public falling out in 1972. Clyde sold his stake in the company to Kerry and moved to America to live a more creative and free life (becoming involved in counterculture, surf, film, and the magazine industry).

Kerry Packer was not expected to succeed with his father's company as he seemed to be more interested in fast cars and partying than he was in business. Kerry was also not very smart academically and may have suffered from dyslexia. But he proved his critics wrong and grew his father's media assets into the Publishing and Broadcasting Limited company that still exists today. Kerry Packer became the richest man in Australia with an estimated fortune of $6.5 billion (AUD) at the time of his death.

Kerry's son James Packer took control of his father's media interests upon his death 2005. James is still yet to prove himself with the Packer Empire, but he has already stamped his authority on the PBL company in the few short years that he has had control. The family company has been focusing on new media and casinos since James took control. A fifty percent stake of old media assets (that included the Channel Nine television station) was sold to a private equity firm in 2006. James is taking the company global with casino interests in Macau and the UK. The casino and media interests of the company will also be split into two companies, Crown and Consolidated Media Holdings.

  • Kerry Packer Biography - Information on the life and times of the Australian media mogul and newspaper man, Kerry Packer.
  • Kerry Packer Quotes - Listing of famous quotes about business, media, and life by Kerry Packer.
  • James Packer Biography - Details on the life of James Packer and his businesses.
  • James Packer Quotes - Famous quotes by James Packer about business, life, media, and success.
  • James Packer's Wife - Erica Baxter biography and information on the Australian fashion model and pop singer married to James in 2007.
  • Erica Baxter Quotes - Quotes by the wife of the richest man in Australia, James Packer.

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packer media empire Packer Family Quotes

If a working class Englishman saw a bloke drive past in a Rolls-Royce, he'd say to himself "Come the social revolution and we'll take that away from you, mate". Whereas if his American counterpart saw a bloke drive past in a Cadillac he'd say "One day I'm going to own one of those". To my way of thinking the first attitude is wrong. The latter is right.
Kerry Packer - Inspirational - Encouragement

We need to make sure we have the best people we can in our operations, and that is a constant challenge. There is always room to improve.
James Packer - Employee - Challenges

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