Media Heavyweight Investor To Retire

Reuters, Wednesday, April 18, 2012 2:53 PM
  • Comment
  • Recommend
Subscribe to Around the Net In Media

Tags

Influential media investor Henry Crawford -- who has large holdings in Time Warner Inc, News Corp, Comcast and DirecTV -- will be retiring at the end of the year, according to a source cited by Ronald Grover.

"Investors often look to the low-key but hard-hitting senior vice-president of Capital Research and Management Co in Los Angeles, which as of its latest filing owned $12.3 billion of media stock, as a financial bellwether," writes Grover. "His departure will be most felt by the media moguls he counseled" -- like Ted Turner, whom he advised to sell  Turner Broadcasting in 1996 to Time Warner.

Read the whole story at Reuters »

Be the first to comment on "Media Heavyweight Investor To Retire"

Leave a Comment

Sign in to leave a comment. Don't have an account? Join Now

Recent Around the Net In Media Articles

>> Around the Net In Media Archives