The Packer Family - Profile |
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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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Biography - Information |
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.
See more media
magnates or Australians
online.
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Packer Family Quotes |
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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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