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Transcripts for CNN The Murdochs Empire of Influence 20240604 02:31:00

is sort of embarrassing, so he sees it as a very easy decision to make, to close the news of the world. it was the sort of sacrificial lamb to trying to keep the bskyb deal moving forward. clearly practices of certain individuals did not live up to the standards and quality of journalism that we believe in, and that i believe in, and that this company believes in. this was not something his father would have done. for rupert, the news of the world has much more psychic significance, so he felt like it was a kind of break from what he had built and james couldn t have gotten away from the news of the world fast enough.

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Transcripts for CNN The Murdochs Empire of Influence 20240604 02:04:00

and james then is very much acting as if he s going to be the one. word starts circulating that he s even building his own shadow executive team that he can install at the top of the company. why do i believe we need to change direction as a matter of urgency? because we have analog attitudes in a digital age. the result is lost opportunities for enterprise, free choice, and commercial investment. in many ways, james spearheading this effort to buy bskyb, it s a perfect fit because james is not interested in the newspapers. he s interested in digital media. he s interested in broadcast. he did not like journalists. didn t like mixing with them. did not see why he should be accountable for them. and i ve often wondered if james had been a bit more engaged in the culture of journalism, he would have known that there was a much bigger problem on the horizon.

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Transcripts for CNN The Murdochs Empire of Influence 20240604 02:35:00

candy flavors that get them addicted to tobacco products, and can lead to serious health consequences, even harming their brain development. that s why pediatricians urge you to vote yes on prop 31. it stops the sale of dangerous flavored tobacco and helps protect kids from nicotine addiction. please vote yes on 31. vote yes on prop 31. good morning. is there a chance we could get you to sit down with us for a fox business network interview? none at all. not at all. i m sorry. mr. murdoch will this affect the bskyb deal? i m not making any comments. i think somebody said to him, look, you ve got to fly in and take control.

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Transcripts for CNN The Murdochs Empire of Influence 20240604 01:30:00

bemusement of many in our industry, i set off from sky she leaves bskyb, and she sets up this production company called shine. elizabeth, as a programmer, has something close to rupert murdoch s own eye for the new and the fresh. by the time she was running as shine, people were very impressed by her abilities as a tv executive. some of the shows she produces are huge hits. masterchef. biggest loser. welcome to the biggest loser. these giants of reality television, not for her father s empire, but for her own. i think he was a little surprised that i decided to leave. i think there might have been a little bit of hurt in some ways. he d never say that, but, he knew that i wanted to be my own boss. something that he s always been.

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Transcripts for CNN The Murdochs Empire of Influence 20240604 02:40:00

he comes in from australia, he s tanned and rested, and rupert is immediately put at ease, his boy is back. rupert stands down. for the time being, james survives. the murdoch family have closed their flagship sunday newspaper, abandoned their bid for bskyb, yet the political and commercial fallout from this scandal is nowhere near done. and for rupert if all of this wasn t bad enough, he can t even protect the one person he did seem to try to protect, and that s rebekah brooks. rebekah brooks, chief executive at news international, has resigned from her position. this is really devastating. it s as if his own daughter has been forced to resign. he d been trying all along to protect her, but in the end he can t even do that.

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