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Transcripts For CNN The Murdochs Empire of Influence 20240707

rupert murdoch is announcing a 24 hour cable news network. fox news channel, flare fair and balanced. it becomes clear that fox news is roger ailes. river said, among the three children, it was very likely that lachlan would be the first month among equals. it is the first moment where james and elizabeth are given a little window into how their father sees this thing, and they could turn their back on this business and essentially waved the white flag, or try and double down and proved themselves to their father. they choose the latter. is october, 2001, and roger ailes is at an annual dinner, attended by all the new york politicians, the aisles with dinner. i trust you will have enjoyed your meal. this is one of the events in new york city politics. roger ailes has been the architect of fox news. one of very few people who rupert really, really trusts, and who rupert really needs. as the evening is winding down, roger hears from juliet s office, the news c

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Transcripts for CNN The Murdochs Empire of Influence 20240604 02:59:00

Fox news, which is gaining in influence at this point. it s an incredible moment to be rupert murdoch. because it was james idea to hold the bancrofts feet to the fire, the maneuver raises james value in rupert s eyes. 34-year-old james murdoch is being given a much larger role overseeing all of news corp. s european and asian operations making him the heir apparent to the murdoch empire. he gets to be the ceo of all of the family s business in europe. does this finally mark my invitation to join the british broadcasting establishment? it was a position rupert himself held a long time. so for rupert to relinquish something like that is such a big step. here s james dutifully following all the steps that his father s put in front of him exceeding expectations in those jobs proving himself as

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Transcripts for CNN The Murdochs Empire of Influence 20240604 02:05:00

It is probably the biggest mistake lachlan has made to that point. now, there is a big mark on lachlan s back. lachlan murdoch is here, executive chief operating officer of news court , built by his father, rupert murdoch, also considered to be the heir of his father s company. welcome. thank you for having me. in 2000, rupert makes lachlan the deputy chief operating officer of the company. in this moment, lachlan, elisabeth, and james each have their own places in the murdoch empire. lachlan is the one closest to the seat of power.

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Transcripts for CNN The Murdochs Empire of Influence 20240604 02:22:00

rupert sends a message to executives in australia that lachlan does not have a home there, he is out of the company. rupert was reeling. his entire succession strategy at that point for the company, what he imagined, he had to recast it. and innovative ways to make your e-tron your own. through elegant design and progressive technology. all the exhilaration, none of the compromise. the audi e-tron family. progress that moves you. read my eyes. they tell my story. and the story of voluminous original, america s number one mascara. .creamy formula for 5x the volume. voluminous original mascara by l oréal. my eyes are saying you re worth it.

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Transcripts for CNN The Murdochs Empire of Influence 20240604 02:15:00

should be a destruction def card right now with osama bin laden. rupert and ailes were embarking on this new position for the network that basically, fox news was going to shatter the notion we had about the way that the press covers war. president george w. bush has launched war against saddam hussein. publicly criticized our country in a time of military crisis, which this is, bad american spirits box cemented itself as something we had never seen before, a completely pro-war, pro-american network. it was as though fox found its voice. it was the first time i remember there being teams. fox basically setting up that, we are team america. we are going to wear american flag lapel pins. we are going

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