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                                                                  Exhibit 99.1

NEWS RELEASE

CHRIS-CRAFT, BHC AND UTV STOCKHOLDERS APPROVE ACQUISITION BY NEWS CORPORATION
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         NEW YORK, NY, APRIL 24, 2001 - The News Corporation Limited (ASX: NCP,
NCPDP; NYSE: NWS, NWS/A; LSE: NEWCP), Chris-Craft Industries (NYSE: CCN), BHC
Communications (AMEX: BHC) and United Television (NASDAQ: UTVI) announced today
that, at special meetings of the stockholders of Chris-Craft, BHC and UTV held
today, the stockholders of Chris-Craft voted to approve the acquisition of
Chris-Craft by News Corporation, the stockholders of BHC voted to approve the
acquisition of BHC by News Corporation and the stockholders of UTV voted to
approve the acquisition of UTV by News Corporation.

         Receipt of the stockholder approvals is one of the conditions to
consummating the transactions. The transactions remain subject to FCC approval,
as well as other customary conditions.


COMPANY BACKGROUNDS:

         Chris-Craft Industries, Inc. is primarily engaged in television
broadcasting. Its television division includes ten stations in top 40 markets,
which currently reach approximately 22% of America's households. The division is
operated by 80% owned BHC Communications, Inc., which owns three stations: WWOR
(UPN-9) in New York, KCOP (UPN-13) in Los Angeles and KPTV (UPN-12) in Portland.
BHC's 58% owned subsidiary, United Television, Inc., owns the remaining seven
stations: KBHK (UPN-44) in San Francisco, KMSP (UPN-9) in Minneapolis, KUTP
(UPN-45) in Phoenix, WUTB (UPN-24) in Baltimore, WRBW (UPN-65) in Orlando, KMOL
(NBC-4) in San Antonio and KTVX (ABC-4) in Salt Lake City.

         The News Corporation Limited is one of the world's largest media
companies with total assets as of December 31, 2000 of approximately US$38
billion and total annual revenues of approximately US$14 billion. News
Corporation's diversified global operations in the United States, Canada,
continental Europe, the United Kingdom, Australia, Latin America and the Pacific
Basin include the production and distribution of motion pictures and television
programming; television, satellite and cable broadcasting; the publication of
newspapers, magazines and books; the production and distribution of promotional
and advertising products and services; the development of digital broadcasting;
the development of conditional access and subscriber management systems; and the
creation and distribution of popular on-line programming.


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FORWARD-LOOKING STATEMENTS:

         This release contains forward-looking statements within the meaning of
the "safe harbor" provisions of the Private Securities Litigation Reform Act of
1995. These statements are based on management's current expectations or beliefs
and are subject to a number of factors and uncertainties that could cause actual
results to differ materially from those described in the forward-looking
statements. The forward-looking statements in this release address the expected
date of closing the mergers. The following factors, among others, could cause
actual results to differ materially from those described in the forward-looking
statements: inability to obtain or meet conditions imposed for governmental
approvals for the mergers, including obtaining FCC approval of the transactions
or the proposed transaction structure, and risks of new and changing regulation
in the U.S. and internationally.

         For a detailed discussion of regulatory factors and other cautionary
statements, please refer to Chris-Craft's, BHC's and UTV's filings with the
Securities and Exchange Commission and to News Corporation's and Fox
Entertainment Group's filings with the Securities and Exchange Commission.

WHERE YOU CAN FIND ADDITIONAL INFORMATION:

         News Corporation, Chris-Craft, BHC and UTV have prepared and filed with
the Securities and Exchange Commission a definitive joint proxy
statement/prospectus and other documents regarding the proposed transaction. You
are advised to read the definitive joint proxy statement/prospectus and these
other documents as they contain important information regarding the proposed
transactions. The definitive joint proxy statement/prospectus was sent to
stockholders of Chris-Craft, BHC and UTV. Investors and security holders may
obtain a free copy of the definitive joint proxy statement/prospectus and other
documents filed by Chris-Craft, BHC and UTV with the Securities and Exchange
Commission at its Web site at http://www.sec.gov. The definitive joint proxy
statement/prospectus and these other documents may also be obtained for free
from Chris-Craft, BHC, UTV or News Corporation.



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CONTACTS:

NEWS CORPORATION:
Press: Andrew Butcher - (212) 852-7070
Investors:  Reed Nolte - (212) 852-7092

CHRIS-CRAFT:  Brian Kelly - (212) 421-0200
BHC: Brian Kelly - (212) 421-0200
UTV: Garth Lindsey - (310) 281-4844


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