Thomas S. Murphy was born in New York in 1925. At the age of 29 Murphy took over control of an almost bankrupt television station in Albany, New York. This station proved to be the launching pad for a media empire Murphy eventually created worth $5 billion. Over the years Murphy was able to establish his empire by purchasing and successfully integrating more than 30 media outlets, including newspapers, publishing houses and TV and radio stations. His key buyout was of the American Broadcasting Company. It is widely recognized that Murphy built a communications super company which is today known for its tight financial control and excellent, lean, mean management.