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CNN The Murdochs Empire of Influence June 4, 2024 02:30:00

$2 billion and the sale 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, that is. 20th century fox. you now own many newspapers. you own a possible television network. throughout history, we ve heard about the possibility of one publisher taking over too much power. there are some roadblocks for this risky new venture. and to clear them, murdoch is going to need some help from the reagan administration. first, he needs waivers. ....

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CNN The Murdochs Empire of Influence June 4, 2024 02:36:00

murdoch has taken a gargantuan 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, and it will be remembered as a very important watershed moment. rupert murdoch wanted to introduce technology to his empire. he 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. ....

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CNN The Murdochs Empire of Influence June 4, 2024 02:54:00

Tonight, the future of networks, and rise of alternative viewing. no one had started a television network since the 50s. here, the head of programming for fox broadcasting. i was 28 years old. clearly, in alternative to the network, we don t think of ourselves is abc, cbs, or nbc. we don t need to reach everyone. it was clear, rupert made the surprise already within news corp. he was going to invest, until it worked. if all of us dropped at along the way, that was okay. there was no guide on what to do. it was clear, very fast, that ....

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CNN The Murdochs Empire of Influence June 4, 2024 02:26:00

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. 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. $2 billion and the sale 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 ams of the studio world. ....

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CNN The Murdochs Empire of Influence June 4, 2024 02:27:00

for a price of $575 million, rupert murdoch has become sole owner of 20th century fox. 20th century fox, that is. 20th century fox. you now own many newspapers. you own a possible television network. throughout history, we ve heard about the possibility of one publisher taking over too much power. there are some roadblocks for this risky new venture. and to clear them, murdoch is going to need some help from the reagan administration. first, he needs waivers. ....

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