April 18, 2003
On the Media
WNYC Studios
4.6 • 9.1K Ratings
🗓️ 5 May 2011
⏱️ 53 minutes
🧾️ Download transcript
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| 0:00.0 | From WNYC in New York, this is NPR's On the Media. |
| 0:22.0 | I'm Brooke Gladstone. |
| 0:23.5 | And I'm Bob Garfield. |
| 0:27.4 | For Rupert Murdoch, April's been the coolest month. |
| 0:30.0 | The U.S. won the war he championed. |
| 0:33.5 | Fox News Channel has been winning the cable news ratings race, and Murdoch's News Corporation won a long-coveted asset for its global media empire, |
| 0:39.8 | the DirecTV satellite broadcasting business. |
| 0:43.1 | General Motors, DirecTV's previous owner, sold its share to Murdoch for $6.6 billion. |
| 0:50.2 | If approved by federal regulators, the deal would give Murdoch 11 million more viewers and make News Corp the largest media group in the world. |
| 0:58.6 | Joining us to discuss the ramifications of this deal is Alicia Mundy, senior editor for Cable World magazine. |
| 1:04.7 | Alicia, welcome back to the show. |
| 1:06.1 | Thank you for having me. |
| 1:07.4 | All right, give us some background here. |
| 1:08.7 | This was not the first time Murdoch made a bid for direct TV. |
| 1:12.6 | He's had his eye on this property for some time, right? |
| 1:14.6 | He's had his eye on getting a satellite in the United States for at least 10 years. |
| 1:20.6 | And about 1995 or six, he began nosing around with DirecTV, which is part of the Hughes Corporation, which is part of General Motors. |
| 1:31.6 | Hughes put up a big fight, and he decided he would sit back and let somebody else go after it, |
| 1:36.7 | and that somebody else was Charlie Erkin who owns Echo Star. |
| 1:39.5 | And when it fell through, he would go in and basically pick up direct TV on the rebound for fire sale prices. |
| 1:47.3 | Well, what about satellite broadcasting to begin with? |
| 1:50.1 | In the United States, where this property resides, it's really marginal relative to cable. |
... |
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