Kerry Packer
Australian publishing, media and gaming tycoon
Kerry Packer
Kerry Francis Bullmore Packer, AC was an Australian media tycoon. The son of Sir Frank Packer and Gretel Bullmore, the Packer family company owned controlling interest in both the Nine television network and leading Australian publishing company Australian Consolidated Press, which were later merged to form Publishing and Broadcasting Limited (PBL).
Biography
Kerry Packer's personal information overview.
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News
News abour Kerry Packer from around the web
VIDEO: Caught on Camera: Stranded in a Tree, Surrounded By a Flood
Fox News - over 1 year
Kerry Packer of Texas went ON THE RECORD on how he got stuck in a tree during a flood and his rescue! The post VIDEO: Caught on Camera: Stranded in a Tree, Surrounded By a Flood appeared first on Gretawire.
Article Link:
Fox News article
Texas flood survivor describes scary scramble to safety
CBS News - over 1 year
Kerry Packer managed to stay calm as Austin flood waters started carrying his car over a bridge, filming video and climbing a tree to survive
Article Link:
CBS News article
William Delafield Cook: Artist hailed as one of Australia's finest whose monumental canvases depicted the rugged landscape of his native land
The Independent - almost 2 years
William Delafield Cook, the quiet hero of Australian art, was one of those rare artists whose works, due to his considerable following, have gone straight into public and private collections as soon as the last brush stroke was dry. His monumental canvases, which pay tribute to both the beauty and ruggedness of Australia's landscape, are owned by big-name private collectors, from Kerry Packer to Rupert Murdoch, from Lord McAlpine to the Westfield owner, Frank Lowy.
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The Independent article
Cricket Australia dismisses Indian rebel league plans
Yahoo News - almost 2 years
Cricket Australia rejected as "highly speculative" reports Friday that leading stars Michael Clarke and David Warner could be offered Aus$50 million ($39.5 million) contracts to play for an Indian-financed rebel league. Essel Group, owned by billionaire Indian media mogul Subhash Chandra, has confirmed plans to launch a new global Twenty20 tournament similar to Kerry Packer's creation of World Series Cricket in the 1970s. The conglomerate, which was behind the now-defunct Indian Cricket League (ICL), also reportedly wants to create a breakaway world governing body for the sport, prompting the International Cricket Council (ICC) to investigate.
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Yahoo News article
6-year-old Pittsburgh girl determined to see dad crashes car
Fox News - about 4 years
Pittsburgh police say a determined 6-year-old girl didn't hurt anyone when she crashed her mother's car while trying to drive across town to visit her father. Police haven't released the name of the girl whose mother was reportedly still sleeping when the girl took the woman's car keys about 9 a.m. Sunday. Police Sgt. Jerry Parker tells reporters the little girl is tall for her age, but adds: "How she knew how to operate a car, your guess is as good as mine." Police say the girl hit two parked vehicles, pushing one of them into a third, before hitting a utility pole. Police and the girl's father arrived to take her home after the accident. Police are still investigating but haven't said if anyone will face charges.
Article Link:
Fox News article
State Schools Superintendent Dorn Releases Scores for 2012 Exams
Enumclaw Patch - over 4 years
State Superintendent Randy Dorn on Wednesday released the 2012 standardized test scores for Washington state students which continue to show improvement, he said. The exams include the Measurements of Student Progress (MSP), High School Proficiency Exams (HSPEs) and high school End-of-Course (EOC) exams. “Students are continuing to make progress,” Dorn said. “Science and math scores are up in almost every grade. Those trends are due to the great work that our science and math teachers do every day, and the fact that we have new standards that are clear and address what students need now and in the future.” Specifically, Dorn cited a 10.4 percent jump in fifth-grade science scores, from 55.7 percent of students passing in 2011 to 66.1 percent in 2012, as well as a 4.7 percent jump in eighth-grade scores, from 61.6 percent in 2011 to 66.3 percent in 2012. “This is the second year students have been tested on the new science standards,” Dorn said, “and what we’re see ...
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Enumclaw Patch article
"Rhonda" actress fronts new series
Byron Shire News - over 4 years
MANDY McElhinney can't wait to turn the tables on the late Kerry Packer when the ABC begins filming new series Magazine Wars.
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Byron Shire News article
Howzat perfect, even down to the condoms
The Border Mail - over 4 years
THE smash-hit mini-series Howzat has been given the thumbs-up by Byron Gray, who worked for the late Kerry Packer during the World Series Cricket revolution.
Article Link:
The Border Mail article
Seven, Ten seek to hook Nine for six
Brisbane Times - over 4 years
As Channel Nine celebrates its cricket history with a mini-series about Kerry Packer, bitter rival Channel Seven has emerged as a serious threat for cricket's broadcast rights.
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Brisbane Times article
Broadband brainstorm
Brisbane Times - over 4 years
''What would Kerry Packer do?''
Article Link:
Brisbane Times article
Packing on the weight to play media tycoon
Byron Shire News - over 4 years
PLAYING Kerry Packer is bad for your health - not to mention your love life.
Article Link:
Byron Shire News article
Rotary Boosts Enumclaw Village Tutors Program with $1,000 Gift
Enumclaw Patch - almost 5 years
We love messages on our Enumclaw Patch Facebook page and Thursday morning were greeted with a short and sweet item from Enumclaw Youth and Family Services: "Enumclaw Youth & Family Services would like to thank the Enumclaw Rotary for their generous donation to help fund the EYFS Village Tutoring Program!" That got us curious so we stopped by Thursday afternoon and chatted with program director Ryan Overbay for some details. Overbay said he was asked earlier by this year's president of the Enumclaw Rotary Club Terry Parker what help the program might need from Rotary. After some trial and error with scheduling this year, the Village Tutors Program at Enumclaw Youth and Family Services is now offered every Wednesday from 4 p.m. to 6 p.m. and in that time, seven volunteers serve anywhere from eight to 10 students. Many are looking for help in basic algebra, he said, and there appears to be a hump for some students particularly in the 8th grade level heading into freshman ...
Article Link:
Enumclaw Patch article
Enumclaw Teachers Dive into New Tech Equipment
Enumclaw Patch - almost 5 years
Following news Monday from the Enumclaw School Board meeting that implementation of the voter-approved technology levy has begun in earnest (read that story), Terry Parker, the district's director of curriculum, instruction and assessment, suggested we stop in Wednesday and check out the first wave of staff training at the district office, so that's what we did. About 20 teachers and school administrators designated as Instructional Technology Facilitators (ITFs), each set up with a newly issued laptop computer for professional use, listened intently as District ITF Bob Kilmer along with an instructor from the company Advanced Classroom Technologies, walked the group through an overview of the technical aspects of the equipment and software. Kilmer, a Career and Technical Education teacher at Enumclaw High School, said the learning curve isn't too steep, and the bulk of training will actually focus on how teachers can integrate the technology tools into everyday classroom lessons ...
Article Link:
Enumclaw Patch article
Packer was not my backer, says Ita - The Australian
Google News - over 5 years
ITA Buttrose has revealed that the business magnate who backed her ill-fated publishing venture, Ita magazine, was not Kerry Packer as many had assumed but Peter Abeles, the late transport tycoon and one-time Ansett boss. Buttrose made the revelation
Article Link:
Google News article
Le Cordon Bleu Professional Excellence Award: Neil Perry - The Age
Google News - over 5 years
AS A pony-tailed young chef working in Sydney's Pittwater, Neil Perry famously refused to serve Kerry Packer a well-done steak. Last year Perry told Good Weekend that these days he would have cooked the steak the way the mogul liked it
Article Link:
Google News article
Strauss's side still not England's best - Reuters UK (blog)
Google News - over 5 years
The opposition, though, did not that at stage include the best Australian and West Indies sides who had contracted to play for Kerry Packer's World Series. England's 5-1 Ashes win in Australia in 1978-9 was against a virtual second XI
Article Link:
Google News article
Top ten corporate comebacks - Business Spectator
Google News - over 5 years
He led Nine through a decade of undisputed success at the top of the Australian TV ratings, side by side with the Packers, before Kerry Packer sacked him in 2002. Leckie promptly went to the rival Seven Network the following year, just as a change in
Article Link:
Google News article
Timeline
Learn about memorable moments in the evolution of Kerry Packer
    LATE_ADULTHOOD
  • 2005
    Age 67
    His private funeral service was held on 30 December 2005 at the family's country retreat, Ellerston, near Scone in the Hunter Region.
    More Details Hide Details Having obtained council permission, he was buried on the Ellerston property near the polo field. In 2007, the Chaser's Andrew Hansen made passing mention of Packer's death in "The Eulogy Song", which was one of The Chaser's more controversial and well-known stunts. The Packer family accepted an offer of a state memorial service, which was held on 17 February 2006 at the Sydney Opera House. The granting of this taxpayer-funded honour was criticised by some members of the community as Packer was famous for his tax minimisation. At the memorial service, close friend Alan Jones was Master of Ceremonies; the service featured speeches from son and heir James, Russell Crowe on behalf of daughter Gretel Packer, Prime Minister John Howard and Richie Benaud. Attendees included Tom Cruise (a friend of James Packer) and his then partner Katie Holmes, Greg Norman, members of the Australian cricket team, and past and present figures from both sides of politics.
  • 2000
    Age 62
    He also suffered from a chronic kidney condition for many years, and in 2000 he made headlines when his long-serving helicopter pilot, Nick Ross, donated one of his own kidneys to Packer for transplantation.
    More Details Hide Details The transplant was covered in detail by the Australian TV documentary program Australian Story, a rare occasion on which Packer granted a media interview (and, to the surprise of many, not to his own network; Australian Story is produced by the public network, ABC). After recovering from the operation, Packer launched an organ transplant association in memory of cricketer David Hookes.
  • FIFTIES
  • 1995
    Age 57
    After his death, the Sydney Morning Herald reported that from about 1995, Packer transferred control of multimillion-dollar Sydney real estate holdings to Trethowan.
    More Details Hide Details In June 2009 the Sydney Morning Herald reported that former Federal Opposition leader, and current Australian Prime Minister, Malcolm Turnbull – a former legal adviser and business associate of Packer – revealed to journalist Annabel Crabb that Packer had threatened to have him killed when they fell out over their 1991 attempt to take over the Fairfax newspaper group through their Tourang consortium. Packer reportedly made the threat after Turnbull told Packer he was going to have him thrown out of the consortium by revealing Packer's intention to play an interventionist role in the newspaper group. Packer was a supporter of South Sydney Rabbitohs in the National Rugby League competition. He was a republican. Packer was a keen polo player, a longtime heavy smoker and an avid gambler, fabled for his titanic wins and losses. In 1999, it was reported that a three-week losing streak at London casinos cost him almost A$28 million—described at the time as the biggest reported gambling loss in British history.
  • 1991
    Age 53
    Packer faced a 1991 Australian government inquiry into the print media industry with some reluctance, but great humour.
    More Details Hide Details When asked to state his full name and the capacity in which he appeared, he replied: "Kerry Francis Bullmore Packer. I have appeared here reluctantly." Packer fronted the inquiry over allegations that he had some secret control over the content of the Fairfax papers (an organisation that Packer had wished to purchase for sometime, but was restricted from via cross media ownership laws). During the inquiry he repeatedly berated the politicians conducting it, and the government. When asked about his company's tax minimisation schemes, he replied: "Of course I am minimising my tax. And if anybody in this country doesn't minimise their tax, they want their heads read, because as a government, I can tell you you're not spending it that well that we should be donating extra!" At the time of his death, the Nine Network was the jewel in the PBL crown. Although it had a tough year in 2005 against rival Seven Network (aided largely by US TV hits such as Desperate Housewives and Lost) Nine still finished the year as the number one network.
  • 1990
    Age 52
    Packer reportedly suffered as many as four heart attacks. In 1990, while playing polo at Warwick Farm, Sydney, he suffered from a heart attack that left him clinically dead for six minutes.
    More Details Hide Details Packer was revived by paramedics and then airlifted to St Vincent's Private Hospital, Sydney and received bypass surgery from Dr Victor Chang (a pioneering cardiac surgeon). It was not common for an ambulance to have a defibrillator at the time — it was purely by chance that the ambulance which responded to the call had one fitted. After recovering, Packer donated a large sum to the Ambulance Service of New South Wales to pay for equipping all NSW ambulances with a portable defibrillator (now colloquially known as "Packer Whackers"). He told Nick Greiner "I'll go you 50/50", and the NSW State government paid the other half of the cost. In a press conference he later remarked on his temporary oblivion "I've been to the other side and let me tell you, son, there's fucking nothing there there's no one waiting there for you, there's no one to judge you so you can do what you bloody well like".
  • FORTIES
  • 1987
    Age 49
    It was widely reported that he sold Bond the Nine Network at the record price of in 1987, and then bought it back three years later for a mere A$250 million, when Bond's empire was collapsing.
    More Details Hide Details Packer later quipped; "You only get one Alan Bond in your lifetime, and I've had mine". Packer was then able to re-invest the proceeds in a 25% share in the Foxtel pay TV consortium. After the sale to Bond, Packer said that he had regretted the decision to sell Nine and wished he had not gone through with the transaction. At the 2006 PBL AGM, Kerry's son James told of the true complexities of the deal. Kerry received A$800 million in cash, with A$250 million left in Bond Media as subordinated debt. As Alan Bond went under, Packer converted the subordinated debt into a 37% stake in Bond Media. There remained A$500 million of debt sitting in Bond Media. Packer received $800 million in cash before receiving a free 37% equity stake that put a debt-included value of A$500 million on the Nine Network, which by then included Channel Nine in Brisbane.
    In 1987 Packer made a fortune at the expense of disgraced tycoon Alan Bond.
    More Details Hide Details
  • 1984
    Age 46
    His most severe legal challenge came in 1984 with the Costigan Commission alleging (using the codename of "the squirrel", renamed "the Goanna" in media reports) that he was involved in tax evasion and organised crime, including drug trafficking.
    More Details Hide Details He successfully counter-attacked the Commission with the assistance of his counsel Malcolm Turnbull. In 1987 the charges were formally dismissed by Federal Attorney-General Lionel Bowen. Mystery still surrounds Packer's receipt of a "loan" of A$225,000 in cash from Brian Ray, a bankrupt Queensland businessman. When questioned about this transaction at the Costigan Royal Commission Packer said " I like cash. I have a squirrel mentality. I like to keep money in cash. It is by no means the most cash I ever had in my life." Notwithstanding the significant efforts made to preserve his security and privacy, Packer suffered two mysterious break-ins at his companies' headquarters in Park Street, Sydney: Packer courted controversy by breaking the sports boycott of apartheid South Africa which prevented South African sportsmen from representing their country. Packer chose to break it by recruiting a number of prominent South African cricketers to play on his World Series Cricket Team. His timing was heavily criticised, coming just months after the Soweto riots and the death of Steve Biko, murdered by the members of the South African security forces.
  • THIRTIES
  • 1974
    Age 36
    Kerry took over the running of PBL in 1974, on the death of his father.
    More Details Hide Details
    Kerry's independent business life began after his father's death in 1974 when he inherited control of the family's controlling share in PBL, valued at.
    More Details Hide Details Further, his principal Australian investments in television and casinos were highly protected from competition by government regulation which Packer and his employees worked very hard to have maintained. The Packer family's business reputation suffered a blow when One.Tel, a telephone company in which his son James Packer had invested, collapsed in 2001. Kerry Packer was also one of Australia's largest landholders. In 2003 a deposit of rubies was discovered on one of his properties. The Packer empire includes magazines and television networks, telecommunications, petrochemicals, heavy engineering, a 75% stake in the Perisher Blue ski resort, diamond exploration, coalmines and property, a share in the Foxtel cable TV network, and investments in the lucrative casino business in Australia and overseas. The Packer family has long been involved in media. Packer's grandfather Robert Clyde Packer owned two Sydney newspapers while his father, Sir Frank Packer, was one of Australia's first media moguls, and Kerry's son, James Packer, was Executive Chairman of PBL, before resigning in 2008.
    On his father's death in 1974, the family estate, valued at $100 million, which included Australian Consolidated Press and the Nine Network, passed directly to Packer.
    More Details Hide Details
  • 1972
    Age 34
    His father had fallen out with his elder son, Clyde, in 1972.
    More Details Hide Details Packer was the first person to make money out of cricket by telecasting it in TV which created interest in people to watch cricket. Packer, through his family company Consolidated Press Holdings, was the major shareholder with a 37% holding in Publishing and Broadcasting Limited (PBL). Until Packer's death PBL owned the Nine television network, and Australian Consolidated Press which produces many of Australia's top-selling magazines. He was involved in a number of other gambling and tourism ventures, notably Crown Casino in Melbourne. The Nine Network and Australian Consolidated Press businesses have since been divested to PBL Media. Packer was widely respected in business circles, courted by politicians on both sides, and was widely regarded as one of the most astute businessmen of his time, despite having been a poor student. Although Packer's reputation as an astute businessman was legendary and he made some good investments, he was by no means a self-made man – his grandfather Robert Clyde Packer and his father Sir Frank Packer had built up the media empire and its related holdings over many decades. As pointed out by internet news outlet Crikey if $100 million had been invested in the Australian sharemarket in September 1974 through a balanced portfolio of the top 200 companies, that portfolio would be worth a lot more than $6.9 billion in December 2005, possibly as much as $11 billion.
  • CHILDHOOD
  • 1937
    Born
    Kerry Packer was born Kerry Francis Bullmore Packer on 17 December 1937.
    More Details Hide Details His father was Sir Frank Packer, an Australian media proprietor who controlled Australian Consolidated Press and the Nine Network. His mother, Gretel Bullmore, was the daughter of Herbert Bullmore, the Scottish rugby union player. He had an older brother, Clyde Packer. He took part in various sports at school, including boxing, cricket, and rugby; though struggled academically, possibly due to undiagnosed dyslexia.
Original Authors of this text are noted here.
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