Murphy (born May 31, 1925) is an American broadcast executive, and was chair and chief executive officer of Capital Cities / ABC, Inc.
until 1996.
Together with fellow Capital Cities executive Daniel Burke, Murphy engineered the 1986 acquisition of the American Broadcasting Company in 1986 for $3.5 billion.
Murphy and Burke, who served as President and Chief Executive of ABC until 1994, are credited with increasing the profitability and efficiency of ABC.