John Kluge, the founder of television company Metromedia, died on Sept. 7 at his home in Albemarle County, Virginia, reports Bloomberg News. He was 95.
Kluge’s Metromedia became the largest independent television business in the U.S. before he sold the TV stations to Rupert Murdoch for about $2 billion in 1985. Of the 14 Metromedia stations, 13 of them then became the nucleus of News Corp.’s Fox station group.
Kluge’s greatest success in television may have been in purchasing the syndication rights to "M*A*S*H," thus giving TV station competitors a ratings race, the story adds.