murdoch is taking a huge risk trying to start a fourth television network. he is going to need a ton of cash. everything will be better as a result of this. it will be remembered as a very important rupert murdoch wanted to introduce technology to his empire, able to produce his newspapers with computers. he s interested in saving money. at the time, print unions had huge control over the production of newspapers. they could walk off the job. and they were resistant to change. he knew that the only way to grow was to break that grip. and he had decided enough was enough. so rupert murdoch came up with this plan. he had set up this alternative
murdoch is taking a huge risk trying to start a fourth television network. he is going to need a ton of cash. everything will be better as a result of this. it will be remembered as a very important setup. rupert murdoch wanted to introduce technology to his empire. wanted to produce his newspapers with computers. he s interested in saving money. at the time, print unions had huge control over the production of newspapers. they could walk off the job. and they were resistant to change. he knew that the only way to grow was to break that grip. and he had decided enough was enough. so rupert murdoch came up with this plan. he had set up this alternative printing site in wapping in east london. he bought a load of computers and more technology for the production of his newspapers.
you really do see network television as your main competitor? absolutely. the ultimate power in the united states now is in television. i believe more journalists, more publishers should be in television. television is dominated by three networks, abc, cbs and nbc. johnny? he is going to invent a fourth television network. today confirmation of the largest single broadcast station transaction in history. as murdoch sets out to create a fourth national network, he s betting it all. publisher rupert murdoch agreed to buy the tv stations owned by metro media for more than $2 billion.
$2 billion and the sell of seven metro media stations. located in new york, washington, los angeles, dallas, houston, chicago and boston. the medium is the message and the message tonight is takeover. and then he buys one of the grand dames of the studio world. for a price of $575 million, rupert murdoch has become sole owner of 20th century fox. 20th century fox. 20th century fox. you now own many newspapers. you own possible television network. throughout history we have heard about the possibility of one publisher taking over too much power. there s some roadblocks for this risky new venture, and to clear them, murdoch is going to need help from the reagan administration. first, he needs waivers. under u.s. law, it s illegal to
wants from reagan, which is basically an unwritten promise for help in the future. as are all newspapers we re competing with television. you really do see network television as your main competitor? absolutely. the ultimate power in the united states now is in tsks television is dominated by three networks abc, cbs, and nbc. nbc 3, johnny. he is going to invent a fourth television network. today, confirmation of the largest single broadcast station transaction in history. as murdoch sets out to do this audacious thing to create a fourth national network, he s betting it all. publisher rupert murdoch agreed to buy the tv stations owned by metro media for more than $2 billion.