If you like what Rupert Murdoch, the right-wing billionaire behind Fox News and the New York Post, has done for the national discourse, you’ll love what Philip Anschutz is trying to do in your hometown.
Anschutz built his fortune — his $8 billion net worth is good for 36th place on the Forbes 400, ahead of better-known Murdoch and Steve Jobs — in the oil and gas industry, augmented with railroad and telecommunications holdings, as well as Regal Cinemas and the production company behind The Chronicles of Narnia films. […]
In recent years, Anschutz has turned his attention to his media holdings, including his movie production company. And he is building a news-media empire, as well: he bought the San Francisco Examiner in 2004 and launched the Washington Examiner the next year, while trademarking the “Examiner” name in more than 60 cities. And earlier this year, Anschutz purchased The Weekly Standard from Murdoch.
(via Atom Jack)