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RUPE CLIMBS INTO BED WITH THE NOBILITY

News, 01 March 1998

LORD HOLLICK’S United News & Media has become an equal partner in LineOne, the Internet service provider set-up last year by BT and a Rupert Murdoch, an Australian-born American citizen with global TV and media interests [especially in the Democratic Republic of China - and a penchant for suppressing books critical of those who rule that people’s paradise]. UN&M is thought to have shelled-out over £10 million for a 33% equity stake in the venture, whose [mainly UK] subscriber base has more than doubled over the past six months to around 70,000. The Hollick deal could boost LineOne into the same league as the US-owned AOL and CompuServe, fiscally-linked partners that currently dominate the UK online market.