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Highlights on the Way to a Global Commercial Media Oligopoly: 1980s |
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-1981
Rupert Murdoch and his News Corp., owner of major print and broadcast media in Australia and Great Britain, takes control of the "Times" of London, long one of the world's greatest newspapers and a genuine institution in Britain.
1984
Twentieth Century Fox, a major Hollywood movie studio and film library, is taken over by Rupert Murdoch.
1985
Lawrence Tisch and his Loews Corp. takes control of the CBS-TV network.
The News Corp. buys the six Metromedia TV stations, with which Murdoch forms a new American TV network, Fox Television.
1989
In a US$ 14.1 billion deal, Time Inc. buys the film, television, and recorded-music giant Warner Communications. The new media giant is called Time Warner.
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Invention
According to the  WIPO an invention is a "... novel idea which permits in practice the solution of a specific problem in the field of technology." Concerning its protection by law the idea "... must be new in the sense that is has not already been published or publicly used; it must be non-obvious in the sense that it would not have occurred to any specialist in the particular industrial field, had such a specialist been asked to find a solution to the particular problem; and it must be capable of industrial application in the sense that it can be industrially manufactured or used." Protection can be obtained through a patent (granted by a government office) and typically is limited to 20 years.
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