Murdochopoly

  • Aired:  03/28/13
  •  | Views: 44,284

Looking to buy the Los Angeles Times, Rupert Murdoch applies for a waiver to circumvent media anti-consolidation laws. (4:00)

SHOW.

LAST WEEK.

WE TALKED ABOUT LAST WEEK.

WE LEARNED THAT ANOTHER JEWEL OF AMERICAN JOURNALISM SUP FOR SALE WITH THE REPORTS THAT THE 132

"LOS ANGELES TIMES" WAS UP FOR SALE.

INTERESTING NAMES.

RUPERT MURDOCH VERY INTERESTED IN THE "LOS ANGELES TIMES".

>> Jon: THE DEATH WAS NO ACCIDENT IT WAS --

[LAUGHTER]

MURDOCH.

[ LAUGHTER ]

THERE'S ONE PROBLEM FOR THE MEDIA MOGUL HE OWNS TWO TELEVISION STATIONS IN LOS ANGELES, KTOV AND KTRV.

YOU WOULDN'T WANT RUPERT MURDOCH TO BECOME DISPROPORTIONATELY VOLATILE.

YOU COULD TAKE HIS AMBITIONS ELSE WHERE OR PETITION THE GOVERNMENT FOR A WAIVER.

YEAH, CODO THAT.

[ LAUGHTER ]

-- HE COULD DO THAT.

[ LAUGHTER ]

RUPERT MURDOCH CLEARLY CONSIDERS HIMSELF A SPECIAL CASE TO ASK THE AMERICAN PEOPLE FOR THE PRIVILEGE.

I'D LIKE TO GIVE HIM A FAIR HEARING.

LET'S TAKE CARE OF BUSINESS.

HERE WE GO.

LET'S DO IT OVER HERE.

HERE WE GO.

MR. MURDOCH, I HAVE YOUR RESUME RIGHT HERE.

PLEASE, TAKE A SEAT.

HAVE YOU EVER OWNED A NEWSPAPER PREVIOUSLY?

>> YES.

[LAUGHTER]

>> Jon: DINGO GOT YOUR TONGUE, EH?

[LAUGHTER]

HERE IT IS "NEWS OF THE WORLD." OR SHOULD I SAY YOU USED TO OWN THAT.

HOW DID IT WORK OUT.

>> SIX FORMER STAFFERS HAVE BEEN ARRESTED ACCUSED OF LISTENING TO PEOPLE'S PRIVATE VOICEMAILS.

>> HYING INTO VOICEMAIL MESSAGES OF AMONG OTHERS THE ROYAL FAMILY, CELEBRITIES AND EVEN A

MURDERED TEENAGER.

>> WE FIND NEWS CORPORATION CARRIED OUT AN EXTENSIVE COVERUP OF RAMPANT LAW BREAKING.

>> Jon: OKAY.

[LAUGHTER]

AND NOW YOU WOULD LIKE A WAIVER TO HAVE ANOTHER WHACK AT A NEWSPAPER?

[LAUGHTER]

I ASSUME YOU ARE ASKING US TO WAIF -- WAIVE OUR LAWS AS A COURTESY SO YOU DON'T HAVE TO

BREAK THEM.

ARE YOU THE TYPE OF NEWSPAPER OWNER THAT INTERFERES WITH EDITORIAL POLICY.

AND IF YOU COULD ANSWER THAT QUESTION AS A MUCH YOUNGER MAN PERHAPS GIVING INSIGHT INTO THE

FOUNDATION OF YOUR EDITORIAL PHILOSOPHY.

WE WOULD LIKE TO SEE THAT AS WELL.

>> HOW DO YOU SEE THE ROLE OF A PROPRIETOR?

WOULD YOU INTERFERE IN EDITORIAL POLICY IF SNENCHES YES, I WOULD.

>> Stephen: THAT WAS DONE TWO YEARS AGO AND IT SHOWS THE TOLL THAT RAMPANT LAW MAKING -- LAW

BREAKING I SHOULD SAY -- BOTH.

[ LAUGHTER ]

ANYWAY LOOK WE WANT TO SAY YES TO YOU BUT WE NEED YOUR ASSURANCE THAT WOULD NEVER USE

THIS EXTRAORDINARY MEDIA REACH OF TELEVISION AND NEWSPAPERS TO CHANGE THE POLITICAL AGENDA,

THROW AN ELECTION, THAT SORT OF THING.

THAT'S NOT WHY YOU ARE IN THE BUSINESS, IS IT?

>> IF YOU CAN STIMULATE THE CONVERSATION YOU CAN CHANGE THE AGENDA.

>> HE CLAIMED TO HAVE WON AN ELECTION SINGLE HANDED.

>> Jon: THANKS FOR COMING BY.

WE HAVE TO DECLINE YOUR WAIVER.

THE LAW AGAINST MEDIA CONSOLIDATION WAS CLEARLY WITH PEOPLE LIKE YOU IN MIND.

WELL, ACTUALLY YOU IN PARTICULAR.

BECAUSE OF HOW YOU LIKE TO DO THE EXACT THING THE LAW -- WHAT IS THAT THERE, 1993?

>> RUPERT MURDOCH NEWS CORP OWNS FOX AND "THE NEW YORK POST" A LOCAL NEWSPAPER.

ME TO GET A WAIVER TO BUY "THE NEW YORK POST".

>> Jon:

Loading...