Women's Impact Report 2012: Executives
Murdoch founded Shine in 2001 and grew it into a worldwide television production powerhouse before selling it to her father, Rupert Murdoch’s, News Corp. in 2011 for about $670 million. She stepped down as CEO last summer but is still chairman, focusing on Shine’s creative talent, culture and strategy. Shine Group companies include U.K.-based Dragonfly, Kudos and Princess Prods. and over the past few years it’s created Shine Australia, Shine Germany, Shine France and Shine Iberia. Shine’s shingles produce such hit series as “MasterChef,” “The Biggest Loser,” “The Hour,” “Clash of the Choirs” and “The Office.” In 2011, Shine entered social gaming, acquiring Bossa Studios and buying Web video producer ChannelFlip. Last month, Shine formally launched U.S.-based global commercial-rights management division, Shine 360.
Despite tight biz ties with her family company, she is very independent, declining a seat on News Corp.’s board as a phone-hacking scandal engulfed its U.K. newspaper operations. Brother James was in charge there when things exploded and the generally reticent Elisabeth created a sensation this summer by pointedly criticizing “the idea that money is the only effective measure of all things or that the free market is the only sorting mechanism.” At the keynote lecture of the Edinburgh Intl. Television Festival, she praised her father’s history of bucking the establishment but said, “But back even then, I understood we were in pursuit of a greater good, a belief in better.”