Fox News vs CNN | Non-Stop News | 1

Business Wars

Wondery

History, Business, David Brown, Management

4.6 • 13.2K Ratings

🗓️ 14 August 2024

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It’s 1978 and Ted Turner’s out to reinvent the news with CNN, the first 24-hour news network. The challenge nearly breaks its first staffers, but then a major national story proves to viewers that journalism that's rough and raw makes for exciting television. Soon though, Turner's new venture will put him on a collision course with Rupert Murdoch.

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Transcript

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0:00.0	October 1996, Yankee Stadium, New York.
0:10.0	Ted Turner breaks in. 1996, Yankee Stadium, New York.
0:14.1	Ted Turner breaks into applause as the Atlanta Braves deliver another shutdown inning.
0:18.8	Oh yeah, go Graves!
0:21.4	Turner is the 57-year-old owner of the Atlanta Braves. Turner is the 57 year old owner of the Atlanta Braves and the team seems
0:25.8	on track to win the World Series, but for him baseball is the minor league.
0:31.6	He's the founder of Turner Broadcasting,
0:34.0	the cable TV giant behind CNN,
0:37.0	the first 24-hour news channel,
0:40.0	and a few weeks ago,
0:42.0	he merged that company with Time Warner in a deal worth 7.5 billion dollars.
0:49.0	He should feel triumphant, but the moment the game resumes, Turner's smile falls and his thin white mustache
0:56.2	droops. And that's because he can't stop thinking about his nemesis, Rupert Murdoch, who's been stalking CNN.
1:05.0	Murdoch just launched the Fox News Channel, and it's out to break CNN's stranglehold
1:11.0	on cable news.
1:13.2	Time Warner's already raising its defenses.
1:16.5	It's not just the new owner of Turner Broadcasting.
1:19.8	It's also one of the nation's largest providers of cable TV, controlling the television
1:24.8	diet of millions. But while its cable systems already carry channels from rivals like
1:30.4	Disney and Viacom, it's refusing to put Fox News into its customers' homes,
1:36.8	and that's left Fox News unavailable in key markets like New York in Los Angeles. So Murdoch's using his media empire to fight back.
1:46.0	His newspaper, the New York Post, has dropped Turner's channel in its TV listings.
	...

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