Lisa Napoli – Up All Night
A Book with Legs
Smead Capital Management
4.3 • 1.2K Ratings
🗓️ 15 February 2022
⏱️ 75 minutes
🧾️ Download transcript
Summary
News wasn’t always readily available at the click of a button. Ted Turner forever changed that in 1980 when he brought the Cable News Network to life.
In this episode, hosts Cole and Bill Smead are joined by Lisa Napoli, author of the book Up All Night: Ted Turner, CNN and the Birth of 24-Hour News. Lisa shares incredible insight into the life of Ted Turner and how the media mogul rolled the dice with the launch of CNN. She also discusses the evolution of cable news, its transition from “pure-play journalism” to “theatrics”, and what the 24-hour news cycle might look like in the future.
Transcript
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| 0:00.0 | You're listening to A Book with Legs, a podcast presented by Smead Capital Management. |
| 0:08.0 | At Smead Capital Management, we advise investors who fear stock market failure. |
| 0:12.9 | You can learn more at Smeadcap.com or by calling your financial advisor. |
| 0:26.2 | Welcome to a book with legs podcast. I'm Cole Smead. I'm the president and a portfolio manager here at Smead Capital Management. At our firm, we're readers and book junkies. It can be |
| 0:31.8 | said that leaders are readers and we believe books provide us a great source of information for |
| 0:36.8 | filtering what is and isn't |
| 0:38.6 | important for us as investors. Investing is the last great liberal art and the best way to spend a |
| 0:43.7 | lifetime of learning. This podcast is for readers, thinkers, business-minded people, and investors |
| 0:49.8 | who want to grow their knowledge from great authors and their writing. Charlie Munger often talks about using multiple mental models and analysis. |
| 0:57.8 | Our aim is for this podcast to help listeners test Munger's theory in business, markets, and people. |
| 1:03.9 | Hosting this episode along with me is our chairman and chief investment officer. |
| 1:08.6 | I most commonly refer to him as dad, Bill Smead. |
| 1:12.6 | Dad, are you ready to have some fun today? |
| 1:14.6 | Sure am. |
| 1:16.0 | We're glad everyone has joined us for this episode. |
| 1:18.8 | I think we're going to hear a great American story and walk away with some big thoughts |
| 1:22.7 | on certain businesses and the media industry at large. |
| 1:26.2 | Lisa Napoli is joining us to talk about her book, Up All Night, Ted Turner, CNN, and |
| 1:32.4 | The Birth of 24-Hour News. |
| 1:34.7 | Lisa has published three other books, including her 2016 book, Ray and Joan, a story |
| 1:39.6 | about Ray Kroc and his wife, and her newest book, Susan, Linda, Nina, and Koki, which is a story about |
| 1:46.4 | the founding mothers of NPR. Lisa has worked at the New York Times, Marketplace, and MSNBC as well. |
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