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Jul 25, 2016
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also looking at the larger rupert murdoch empire.m the new york post, a man who has known rupert murdoch since college. also rebekah brooks. he has been trying to rehabilitate her since the phone hacking scandal in the u k. he has been showing her the ropes, possibly as a replacement for roger ailes. reports there are some that some of the anchors at fox have in their contract that there,iles, if he is not they have an option to leave. is that correct? guest: that is correct that they have out clauses. but what is not correct is that the narrative roger ailes pushed, that it would lead to a mass exodus. was inces tell me that negotiation tactic to put pressure on murdoch. stock prices are dependent on the success of fox news. it is the single most profitable division in rupert murdoch's conglomerate. was thatr ailes said if you left, he could take the whole thing down with him. but that was posturing. i talked with people at the network, and all of the key areors, none of them plotting or organizing and next is. what can you tell us
also looking at the larger rupert murdoch empire.m the new york post, a man who has known rupert murdoch since college. also rebekah brooks. he has been trying to rehabilitate her since the phone hacking scandal in the u k. he has been showing her the ropes, possibly as a replacement for roger ailes. reports there are some that some of the anchors at fox have in their contract that there,iles, if he is not they have an option to leave. is that correct? guest: that is correct that they have out...
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Jul 21, 2016
07/16
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rupert murdoch had roger ailes begin to report to lauk lun and james murdoch and roger ailes was not ppy about this. he pub lklicly said, i will rep to rupert. turns out that wasn't true. >> there was pressure from both lauchlin and james. roger ailes has done tre mndous things for knox news, no doubt about that. made a lost money for the company. created the franchise. but i think this is a signal, this was moving in this direction before gretchen carlson's lawsuit, i am told. of course, this is, you know, he was forced out. they can shine this up but that what happened. >> do we have any sense on this internal investigation? it is was turning up. this investigation seemed to be growing. >> that has been what is reported, a very notably, law firm in new york and several women as many as six have told the law firm paul weiss here in new york that they too have been sexually harassed. we should say that roger ailes denies ever having harassed anybody and i suspect the company would like this to go away. and i suspect it is not going to go away. >> and kwthe question here, foxn terms of
rupert murdoch had roger ailes begin to report to lauk lun and james murdoch and roger ailes was not ppy about this. he pub lklicly said, i will rep to rupert. turns out that wasn't true. >> there was pressure from both lauchlin and james. roger ailes has done tre mndous things for knox news, no doubt about that. made a lost money for the company. created the franchise. but i think this is a signal, this was moving in this direction before gretchen carlson's lawsuit, i am told. of course,...
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Jul 22, 2016
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stepping in is rupert murdoch. let's get more. a lot of senior hosts from fox news, brent hume, chris wallace, saying they were comforted that rupert murdoch was coming back in that project is stability and continuity, and that was the message rupert murdoch delivered on a conference call. however, you have to imagine rupert murdoch will not be running the channel for the long term and will spend the next couple of months to see who is good, who should stay, and who should go, and who is capable of running the place or with a have to go externally for a long-term replacement. there will be some changes to fox news in the future, but for the time being, they are projecting stability for employees and investors, fox news being one of the most important assets. check of what is going on as far as nintendo and mcdonald's japan. pokemon go was released in its home country, just becoming available for download in japan. these are the shares at the moment. nintendo moving to the upside. we have come off that a little bit. mcdonald's japa
stepping in is rupert murdoch. let's get more. a lot of senior hosts from fox news, brent hume, chris wallace, saying they were comforted that rupert murdoch was coming back in that project is stability and continuity, and that was the message rupert murdoch delivered on a conference call. however, you have to imagine rupert murdoch will not be running the channel for the long term and will spend the next couple of months to see who is good, who should stay, and who should go, and who is...
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Jul 23, 2016
07/16
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right now rupert murdoch is in interim role. everybody knows that is a stopgap. >> rose: likely candidate from inside fox news? >> well, there are two internal candidates. bill shein who is roger ailes' deputy, we be seen as continuation of the right wing conservative style of programming that ailes pioneered f. they wanted to go in more of news direction, there are two news candidates, john moody a former "time" magazine journalist who was with ailes from the beginning, had very sort of straight news instincts. the same with michael clement a former nbc fusion cluetive. they are both in at fox now, thought is that they could slide into that role. burt also looking in the wider murdoch empire to bring in a possible replacement, jessie angelo who runs the "new york post" very close with the murdoch folly was james murdoch's college roommate at harvard. seen as someone that can slide in there. another long shot candidate that is creating speculation inside the company rebecca brooks who is very close to rub earth murdoch very fond
right now rupert murdoch is in interim role. everybody knows that is a stopgap. >> rose: likely candidate from inside fox news? >> well, there are two internal candidates. bill shein who is roger ailes' deputy, we be seen as continuation of the right wing conservative style of programming that ailes pioneered f. they wanted to go in more of news direction, there are two news candidates, john moody a former "time" magazine journalist who was with ailes from the beginning,...
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Jul 21, 2016
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>> a lot of investors told me ofs clearly is an example rupert murdoch sons exerting their influence heir father and really pushing for this change. do the sons share the same editorial outlook that rupert does? if not, there could be a shift in the fox news channel going forward. that could have a negative impact on profit going forward. trump remember donald took on fox news in a way that caught people by surprise but they have sort of reconciled. there grip is not as unassailable as it used to be? to reachy he was able his audience through twitter primarily ended not necessarily rely on as much as the other republican candidates have over the last several elections. is this something new? i think most people think trump is one in a million and fox's still the player for the republican party, for the right. scarlet: thank you so much for that quick analysis. we will be right back. ♪ general electric reports earnings tomorrow at 7:00 eastern time. that does it for what did you miss? e tok: with all due respect the privacy of convention goers, you always have to look out for the kiss
>> a lot of investors told me ofs clearly is an example rupert murdoch sons exerting their influence heir father and really pushing for this change. do the sons share the same editorial outlook that rupert does? if not, there could be a shift in the fox news channel going forward. that could have a negative impact on profit going forward. trump remember donald took on fox news in a way that caught people by surprise but they have sort of reconciled. there grip is not as unassailable as it...
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Jul 21, 2016
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guest: the future depends on the rupert murdoch family.ed it with roger and approves of the way it is. it is interesting that he is the interim ceo. he will try to maintain it in the same way to the extent that he can but rupert murdoch's son s, they are not their father. that network make so much money and it is so defined for conservatives and. even if they decide to keep it the way it is without roger ailes, it cannot be the way it is. donald trump does it is her portion a number of interviews with fox news, will knewcontinue? >> before i rupert murdoch was going to be ceo i thought that could change, because it is him, i think that will remain the same but if i were your network, there is going to be more of a shot at that. just made a huge difference, the dna of abc news. what is an example of something that roger ailes did that will now be different? while it is overstated but he is dictating every word, in the come andhe tells you make sure you are on this, make sure you are on that, the irs scandal -- would that have been covered t
guest: the future depends on the rupert murdoch family.ed it with roger and approves of the way it is. it is interesting that he is the interim ceo. he will try to maintain it in the same way to the extent that he can but rupert murdoch's son s, they are not their father. that network make so much money and it is so defined for conservatives and. even if they decide to keep it the way it is without roger ailes, it cannot be the way it is. donald trump does it is her portion a number of...
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Jul 22, 2016
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executive chairman rupert murdoch will become chair and acting chairman of fox news.elcome, as always. let's start first of all with your reaction. i mean this, developed and came to a conclusion rapidly. >> indeed it did. you know, i think obviously if you're a casual observer this is bombshell news. however, iperspective, if history is anything to go by, we expect investors to shake off the news but clearly roger ailes is a larger than life personality won fox news which is almost synonymous with his tenure. obviously fox news is an extremely important asset for, you know, for 21st century fox, but i think on the bright side they have been successful in signing a lot of long-term contracts which should keep them going until they can get steady hands to replace roger ails. >> so you do not see this as a near or maybe even a long-term threat to the stock price or to the profitability of fox news? >> well near term you're likely to see, you know, some headline risk around this. there's also potential issues with succession, you know. rupert is taking over the -- you kn
executive chairman rupert murdoch will become chair and acting chairman of fox news.elcome, as always. let's start first of all with your reaction. i mean this, developed and came to a conclusion rapidly. >> indeed it did. you know, i think obviously if you're a casual observer this is bombshell news. however, iperspective, if history is anything to go by, we expect investors to shake off the news but clearly roger ailes is a larger than life personality won fox news which is almost...
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Jul 22, 2016
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media baron rupert murdoch after the fall of robert ailes. jordan and chelsea were searching for the perfect place for their wedding on booking.com. oh! yurt. yes! earthy... just rustic. [laughing] oh my gosh. wow. [owl howling] [gulp] uh, how about an island? island, yeah. yeah. yeah. [laughing] were you laughing in your fantasy? yeah! me, too. [gasps] ...another anti-wrinkle cream in no hurry to make anything happen. neutrogena® rapid wrinkle repair works... ...in one week. with the... fastest retinol formula. ...to visibly reduce wrinkles. neutrogena®. try cool mint zantac. hey, need fast heartburn relief? it releases a cooling sensation in your mouth and throat. zantac works in as little as 30 minutes. nexium can take 24 hours. try cool mint zantac. no pill relieves heartburn faster. gilman: go get it, marcus. go get it. ...coach gilman used his cash rewards credit card from bank of america to earn 1% cash back everywhere, every time. at places like the batting cages. ♪ [ crowd cheers ] 2% back at grocery stores and now at wholesale clubs
media baron rupert murdoch after the fall of robert ailes. jordan and chelsea were searching for the perfect place for their wedding on booking.com. oh! yurt. yes! earthy... just rustic. [laughing] oh my gosh. wow. [owl howling] [gulp] uh, how about an island? island, yeah. yeah. yeah. [laughing] were you laughing in your fantasy? yeah! me, too. [gasps] ...another anti-wrinkle cream in no hurry to make anything happen. neutrogena® rapid wrinkle repair works... ...in one week. with the......
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Jul 22, 2016
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obviously rupert murdoch has a great interest and is very involved.ng to me, involvement of his two sons to ply aayed a role in removing ailes from the scene. no choice. people talking so great, they didn't have a choice. the question, can they keep up the success that ailes has seen? their demographic is aging. they've certainly have much more -- more struggles than in the past. the question is, can they keep surging forward with new things, depending which the administration is and stuff like that. >> kara, that seems to be the exact variable people are trying to size up. exactly how much change will the murdoch sons be able to push through in a company that still has legacy executives? >> well, yeah. exactly. this is a changing era. be honest. rupert murdoch is active in returning the company but his sons moved into a much more prominent position. they tangled with ailes previously and didn't have enough to power. but now enough ammo considering the allegations, and you won't see rupert murdoch running this company 20 some years more unless he has
obviously rupert murdoch has a great interest and is very involved.ng to me, involvement of his two sons to ply aayed a role in removing ailes from the scene. no choice. people talking so great, they didn't have a choice. the question, can they keep up the success that ailes has seen? their demographic is aging. they've certainly have much more -- more struggles than in the past. the question is, can they keep surging forward with new things, depending which the administration is and stuff like...
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Jul 22, 2016
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it is the creation of really one person, with rupert murdoch, of course.t to a is maybe higher degree, in terms of how influential roger ailes has been. i think they have been -- built enough of an audience, so that with the right people in charge, they can mediate any consequences. guy: we will leave it there. thank you for taking time to talk with us on the phone. is going to stay with us. we will also talk about what has been happening with the u.k. data. how did the relationship go with the french yesterday? this is bloomberg. ♪ a in new'm michael mckee york. guy johnson is in london. let's get to the first word news. the convention is over, but the memories linger. taylor: it is. donald trump is painting a dark picture of a fading nation that only he can save. trump warned of a country beset by crime, terrorism, and bad trade deals. he said he is the only one who can fix the problem. mr. trump: to every parent who dreams of their child and every child who dreams for their future, i say, these words to you, iight -- i am with will fight for you, and i
it is the creation of really one person, with rupert murdoch, of course.t to a is maybe higher degree, in terms of how influential roger ailes has been. i think they have been -- built enough of an audience, so that with the right people in charge, they can mediate any consequences. guy: we will leave it there. thank you for taking time to talk with us on the phone. is going to stay with us. we will also talk about what has been happening with the u.k. data. how did the relationship go with the...
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Jul 21, 2016
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ailes knows that and tapped into it. >> reporter: he was a perfect match with rupert murdoch and hisabloids, loud and in your face and politically incorrect. he brought that to cable. >> don't give me any of that, we just heard the words. >> and the party. >> reporter: lifting ratings and winning elections. this morning, it came back to bite him. donald trump is also a creature of the tabloids who isn't afraid to play rough. now, the paths of these two comets intersect as one descends and one ascends, but the style and swagger remain. cynthia mcfadden, nbc news, new york. >> we're back in a moment with a driver caught on camera slamming into a police car. wait until you see what he was doing behind the wheel. >>> in south carolina, a group of kindhearted souls came to the rescue of a trapped driver and the remarkable scene was caught on camera. nbc's gabe gutierrez has the dramatic story of heavy lifting against all odds. >> reporter: the outlook was grim, a red convertible flipped over on a ditch in lexington, south carolina, on i-20. trapped underneath, jonathan jenson. >> all i re
ailes knows that and tapped into it. >> reporter: he was a perfect match with rupert murdoch and hisabloids, loud and in your face and politically incorrect. he brought that to cable. >> don't give me any of that, we just heard the words. >> and the party. >> reporter: lifting ratings and winning elections. this morning, it came back to bite him. donald trump is also a creature of the tabloids who isn't afraid to play rough. now, the paths of these two comets intersect...
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Jul 20, 2016
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roger knows that and tapped into it. >> reporter: he was a perfect match with rupert murdoch and hisob bloicabloi tabloids, loud and in your face and politically incorrect. >> don't give me any of that, we just heard the words. >> reporter: lifting ratings and winning elections. this morning, it came back to bite him. donald trump is also a creature of the tabloids who isn't afraid to play rough. now, the pat paths of these two comets int intersect as one descends and one asce ascends, but the style and swagger remain. nbc news, north carolina new york. we're back with a h. heartburn. sorry ma'am. no burning here. try new alka-seltzer heartburn relief gummies. they don't taste chalky and work fast. mmmm. incredible. can i try? she doesn't have heartburn. new alka seltzer heartburn relief gummies. enjoy the relief. if you have moderate and you're talking to your doctor about your medication... this is humira. this is humira helping to relieve my pain and protect my joints from further damage. this is humira helping me go further. humira works for many adults. it targets and helps to b
roger knows that and tapped into it. >> reporter: he was a perfect match with rupert murdoch and hisob bloicabloi tabloids, loud and in your face and politically incorrect. >> don't give me any of that, we just heard the words. >> reporter: lifting ratings and winning elections. this morning, it came back to bite him. donald trump is also a creature of the tabloids who isn't afraid to play rough. now, the pat paths of these two comets int intersect as one descends and one asce...
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Jul 22, 2016
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and tonight, rupert murdoch himself is stepping in. nbc's anne thompson reports of the shock waves being felt right now. >> reporter: roger ailes, one of the most powerful men in news and politics, is out. the former fox news chairman and ceo toppled following accusations of sexual harassment. first made in a lawsuit brought by former anchor gretchen carlson. then this week reports that fox star megyn kelly told investigators ailes harassed her when she was a young correspondent in washington. the 76-year-old ailes denied the charges. today in his resignation letter to rupert murdoch, head of parent company 21st century fox, ailes made no apologies and congratulated himself, writing he takes particular pride in the role that i have played advancing the careers of the many women i have promoted. >> i think we certainly will see a profound transition in what fox news is, what it represents and its relationship with its audience. >> reporter: murdoch, who now takes over fox news, left corporate headquarters this evening without saying a w
and tonight, rupert murdoch himself is stepping in. nbc's anne thompson reports of the shock waves being felt right now. >> reporter: roger ailes, one of the most powerful men in news and politics, is out. the former fox news chairman and ceo toppled following accusations of sexual harassment. first made in a lawsuit brought by former anchor gretchen carlson. then this week reports that fox star megyn kelly told investigators ailes harassed her when she was a young correspondent in...
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Jul 20, 2016
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roger ailes provides the one thing that rupert murdoch likes most, and really can't do without, which is money. an enormous amount of money. >> reporter: a year ago murdoch put his son's lackland and james, in charge of fox news. a source with direct knowledge of the situation told nbc news the brothers wanted ailes out, even back then. the drudge report posted a document that purported to be the $40 million separation agreement between ailes and 21st century fox. the document was almost immediately taken down. the company followed with a statement, tweeted out soon thereafter. roger is at work. the review is ongoing. the only agreement that is in place is his existing employment agreement. cynthia mcfadden, nbc news, new york. >>> let's get down to business with cnbc's landon dowdy. good morning, landon. >> hi, dara. wall street will try to keep the good times rolling today. the dow managing to close at a record high for a sixth straight day. the broader market falling on netflix disappointing earnings. the stop dropping 13%. that's its worse day in nearly two years. you want to look
roger ailes provides the one thing that rupert murdoch likes most, and really can't do without, which is money. an enormous amount of money. >> reporter: a year ago murdoch put his son's lackland and james, in charge of fox news. a source with direct knowledge of the situation told nbc news the brothers wanted ailes out, even back then. the drudge report posted a document that purported to be the $40 million separation agreement between ailes and 21st century fox. the document was almost...
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Jul 19, 2016
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murdoch, not ailes. >> rupert built this company, the whole company from nothing. he allowed someone like roger ailes to come into the company. he allowed someone who is essentially more of a maverick to do something that at the time again seemed investor reckless. but i don't think you can say that just happened without rupert. rupert allowed talent like that to basically flourish. look what rupert has been able to achieve over decades of a career. >> with a relatively hands-off approach, as i'm sure the legal case will confirm. we have to leave it there for the moment, rich. i know that you're going to be coming back. let's trade this, steve. >> you know, when you look at biotech and you look at financials, the political cycle is a headwind to both of those spaces. when you look at media, to me this is going to be the largest covered election that we've all seen in our lifetime. i think that all of these media companies are buys. cbs, fox, i think all of them are buys. >> wow. >> here's a stock that topped out at $40 at the beginning of 2015, let's just say, spen
murdoch, not ailes. >> rupert built this company, the whole company from nothing. he allowed someone like roger ailes to come into the company. he allowed someone who is essentially more of a maverick to do something that at the time again seemed investor reckless. but i don't think you can say that just happened without rupert. rupert allowed talent like that to basically flourish. look what rupert has been able to achieve over decades of a career. >> with a relatively hands-off...
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Jul 22, 2016
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rupert murdoch issued a statement late yesterday without referring to the harassment charges, sayingr ailes has made a remarkable contribution to our company and our country. roger shared my vision of a great and independent television organization and executed it brilliantly over 20 great years." ailes, now 76, has been an influential figure for decades in republican politics, as an advisor and strategist to presidents nixon, reagan and george h.w. bush. he created fox news 2o years ago and built it into the most- watched cable news channel, promoted as an alternative to traditional mainstream media. it has been a huge money maker for its parent company, and a target for critics of its conservative tone and team. ailes said this in a 2004 interview with cpan's brian lamb: >> oh, we've changed the business a little bit. i think fox news has come on the scene and identified itself as "fair and balanced." we try to do that every day. i think others, instead of trying to get more fair and balanced, probably are offended by that or worried about it. >> brown: rupert murdoch and his sons
rupert murdoch issued a statement late yesterday without referring to the harassment charges, sayingr ailes has made a remarkable contribution to our company and our country. roger shared my vision of a great and independent television organization and executed it brilliantly over 20 great years." ailes, now 76, has been an influential figure for decades in republican politics, as an advisor and strategist to presidents nixon, reagan and george h.w. bush. he created fox news 2o years ago...
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Jul 22, 2016
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can i note for a second, "the new york post," owned by rupert murdoch, part of the conservative mediaire in this country, rupert murdoch, as of tonight, is the acting ceo of fox news, with the founding ceo of fox news, roger ailes, moved out of that company, resigned from that company, on the day that donald trump accepts the presidential nomination of the republican party. these -- those two events, i know we talked about this earlier, but it's hard to know, depending on whether or not trump wins, it's hard to know what this day will be looked at more for, ailes leaving or trump ascending. >> we've got some things under review, as we say at this hour. >> under review. >> by the way, rupert murdoch one year ago was tweeting that donald trump should get out of the race, and stop embarrassing himself and his family. >> how did that work out? >> based on the john mccain comments. >> yeah. >> it's, you know, the, the, the, the conservative media and the conference movement have become two different playing chips on the same monopoly board at this point and i have no idea how that's going
can i note for a second, "the new york post," owned by rupert murdoch, part of the conservative mediaire in this country, rupert murdoch, as of tonight, is the acting ceo of fox news, with the founding ceo of fox news, roger ailes, moved out of that company, resigned from that company, on the day that donald trump accepts the presidential nomination of the republican party. these -- those two events, i know we talked about this earlier, but it's hard to know, depending on whether or...
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Jul 21, 2016
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. >> well, the background of this is rupert murdoch tried to buy cnn. ted turner wouldn't sell him cnn, so rupert murdoch said i'm going to start my own network. and rupert murdoch, and it's very interesting in light of the fact he's now taken over today, knows nothing about the television business, actually doesn't really watch television all that much, is strictly a newspaper guy. but he understood how important cable television was becoming to the american political discourse. he called up roger ailes, who was then running cnbc for nbc. they hadn't met before. they sat down immediately a meeting of the minds, and he gave roger ailes full control of the network, literally contractually he promised not to interfere with the running of fox. that was in 1996. and within five years fox was the leading network, vastly larger -- its audience vastly larger than cnn actually winning in every timeslot and, of course, becoming this amazing force in the republican party. >> michael, do you think that the way roger has run fox news has essentially created dna for
. >> well, the background of this is rupert murdoch tried to buy cnn. ted turner wouldn't sell him cnn, so rupert murdoch said i'm going to start my own network. and rupert murdoch, and it's very interesting in light of the fact he's now taken over today, knows nothing about the television business, actually doesn't really watch television all that much, is strictly a newspaper guy. but he understood how important cable television was becoming to the american political discourse. he...
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Jul 22, 2016
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resigned to bes replaced by his boss, rupert murdoch. he ran the channel for 20 years.fter being sued by a former anchor, the founder and chairman will become chairman and acting ceo of the top-rated u.s. news channel. global news 24 hours a day powered by more than 2600 journalists and analysts more than 120 countries. let's go to the top story, singapore is investigating financial institutions after a rebuked bank, including ubs, for lapses in money laundering related to malaysia's embattled one m.d. funds. haslinda amin has the latest. there is another twist to the scandal. haslinda: call it a one-two punch. first the u.s. justice department filing soon after singapore with its own soundings on the investigation, and it says it is not done yet. you talked about ubs, dbs. also the standard chartered and felt in bank. they were singled out. the list could be longer. some of the financial institutions are being investigated as well. they referred to as certain other financial institutions. mes says certain lapses were , in do delays and reporting transactions. mes recei
resigned to bes replaced by his boss, rupert murdoch. he ran the channel for 20 years.fter being sued by a former anchor, the founder and chairman will become chairman and acting ceo of the top-rated u.s. news channel. global news 24 hours a day powered by more than 2600 journalists and analysts more than 120 countries. let's go to the top story, singapore is investigating financial institutions after a rebuked bank, including ubs, for lapses in money laundering related to malaysia's embattled...
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Jul 21, 2016
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rupert murdoch will be the acting ceo.statement, rupert murdoch says ailes made, in his words, a remarkable contribution to the country. >>> a teenager in fairfax county who was injured in an explosion in central park is getting help with his medical bills. 19-year-old connor golden stepped on a homemade explosive back on july 3rd. doctors had to amputate one of his legs below the knee. a gofund me page has been created to help with his expenses and as of this after nan, more than $60,000 has been donated. police believe the explosives yi ist and was not intended to hurt anyone. >>> a night of frustration for southwest airlines passengers. last night turned into a day of frustration today. there are still long lines across the country after yesterday's big computer glitch in addition to last night's cancellation. southwest canceled 450 more flights today. they say it's mostly because of the displaced flight crews and planes. >>> amelia, i'm wondering how far would we have to go on a plane to escape from this heatwave? >> c
rupert murdoch will be the acting ceo.statement, rupert murdoch says ailes made, in his words, a remarkable contribution to the country. >>> a teenager in fairfax county who was injured in an explosion in central park is getting help with his medical bills. 19-year-old connor golden stepped on a homemade explosive back on july 3rd. doctors had to amputate one of his legs below the knee. a gofund me page has been created to help with his expenses and as of this after nan, more than...
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Jul 24, 2016
07/16
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BLOOMBERG
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he will be succeeded by rupert murdoch. analysts seem generally sanguine about this.though fox news is 20% to 25% of 21st century fox's profits. is that because it is rupert murdoch, the guy who runs the whole company, and not a lot is expected to change? >> most investors do not think there will be much of a hit. fox news is about 25% of total cash flow, it is important. they are dominant player. near term, not much of an issue, particularly going into an election year where audiences will be big. >> is ailes leaving at a good moment? the demographic average age is 65. is this the high watermark? >> it very well may be. their core is extremely profitable, but any new leader has to develop new business. rishaad: it has also been a week of disconcerting business. a slew of headlines involving lawsuits, investigations, and that rounds up our coverage on bloomberg television. >> truck makers paying eu regulators a record $3.2 billion fine for fixing truck prices over 14 years. >> it is a big fine. but we're talking about a very damaging cartel. it lasted for 14 years. it
he will be succeeded by rupert murdoch. analysts seem generally sanguine about this.though fox news is 20% to 25% of 21st century fox's profits. is that because it is rupert murdoch, the guy who runs the whole company, and not a lot is expected to change? >> most investors do not think there will be much of a hit. fox news is about 25% of total cash flow, it is important. they are dominant player. near term, not much of an issue, particularly going into an election year where audiences...
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Jul 23, 2016
07/16
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BLOOMBERG
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is rupert murdoch, not a lot is expected to change?st investors do not think there will be much of a hit. it is 25% of total cash flow, it is important. they are dominant player. near term, not much of an issue, particularly going into an election year where audiences will be big. >> the demographic average age is 65. is this the high water mark question mark >> the core is extremely profitable, but any new leader has to develop new business. >> it weaken disconcerting news. a slew of headlines involving lawsuits, investigations and that rounds of our coverage on bloomberg television. >> truck makers paying eu regulators a record 3.2 billion dollar fine for fixing prices over 14 years. >> it is a big fine. we're talking about a very damaging cartel. it lasted for 14 years. it affected all of the european economic areas. these are very important vehicles for the entire european economy. these are the elements that go into guidelines in order to calculate the fine. i think it was justified with this high amount. >> shares under severe pr
is rupert murdoch, not a lot is expected to change?st investors do not think there will be much of a hit. it is 25% of total cash flow, it is important. they are dominant player. near term, not much of an issue, particularly going into an election year where audiences will be big. >> the demographic average age is 65. is this the high water mark question mark >> the core is extremely profitable, but any new leader has to develop new business. >> it weaken disconcerting news. a...
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Jul 22, 2016
07/16
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KGO
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. >> reporter: rupert murdoch, leaving nothing to chance in this important election season.r, stepping in, as acting ceo. for "nightline," i'm rebecca jarvis in new york. >> thanks for watching. "gma" tomorrow, and we're online 24/7 at abcnews.com and on facebook. thank you for watching and good night from cleveland.
. >> reporter: rupert murdoch, leaving nothing to chance in this important election season.r, stepping in, as acting ceo. for "nightline," i'm rebecca jarvis in new york. >> thanks for watching. "gma" tomorrow, and we're online 24/7 at abcnews.com and on facebook. thank you for watching and good night from cleveland.
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Jul 21, 2016
07/16
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FBC
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rupert murdoch will assume the role of chairman and acting coo of fox news channel and fox business networkrt murdoch executive chairman, twenty-first century fox said i quote, roger ailes has made a remarkable contribution to our company and our country. roger shared my vision of a great and independent television organization and executes it brilliantly over 20 great years. fox news has given voice to those who were ignored by the traditional networks and has been one of the great commercial success stories of modern media. i'm personally committed to making sure fox news remains a distinctive, powerful voice. our nation needs a robust fox news to resonate from every corner of the country. independent quote. shoots and burns its way into your day, i hear you. to everyone with this pain that makes ordinary tasks extraordinarily painful, i hear you. make sure your doctor hears you too! i hear you because i was there when my dad suffered with diabetic nerve pain. if you have diabetes and burning, shooting pain in your feet or hands, don't suffer in silence! step on up and ask your doctor abo
rupert murdoch will assume the role of chairman and acting coo of fox news channel and fox business networkrt murdoch executive chairman, twenty-first century fox said i quote, roger ailes has made a remarkable contribution to our company and our country. roger shared my vision of a great and independent television organization and executes it brilliantly over 20 great years. fox news has given voice to those who were ignored by the traditional networks and has been one of the great commercial...
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Jul 12, 2016
07/16
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CNNW
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>> what i learned tonight is that rupert murdoch and 21st century fox have hired the corporate law firm, paul weiss to do an internal investigation of these allegations of sexual harassment against roger ailes. and that's a major announcement, because now they are looking into it. and what they find could determine roger ailes' fate. >> why is this such a big deal? >> they did the deflategate vision. so they're brought into high-profile investigations where big institutions need to get to the bottom of what they find, and they're professionals. they're going to dig. >> they're doing the internal investigation. >> yes. so they're interviewing fox news employees. >> in is not gretchen carlson. >> no, the lawsuit triggered the scandal, and rupert murdoch was forced to respond. >> over the weekend, six more women came forward to accuse roger ailes of sexual harassment. only two on the record. do you think they were credible? >> oh, yes, they were personal, they were detailed. they lined up with all my reporting. i wrote a biography in 2014. all of their stories fit all my report being, and
>> what i learned tonight is that rupert murdoch and 21st century fox have hired the corporate law firm, paul weiss to do an internal investigation of these allegations of sexual harassment against roger ailes. and that's a major announcement, because now they are looking into it. and what they find could determine roger ailes' fate. >> why is this such a big deal? >> they did the deflategate vision. so they're brought into high-profile investigations where big institutions...
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Jul 22, 2016
07/16
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MSNBCW
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can i note for a second, "the new york post," owned by rupert murdoch, the acting ceo, roger ailes movedut from that company, resigned from that company on the day that dnld it's hard to know, depending on whether or not trump wins, it's hard to know what more this day will be more looked at ailes leaving or trump. >> rupert murdoch one yearing a was tweeting that donald trump should get out of the race and stop embarrassing himself and his family, based on the john mccain comments. >> the conservative media and conservative movement have become two different monopoly chips. >> what she liked about it, she said she's tired of sound bites and slick politicians. well, there was a lot of sound bites and some very slick maneuvering in this speech. let's listen first to what donald trump said about violent crime in this country. >> i have a message for all of you that crime and violence that today afflicts our nation will soon, and i mean very soon, come to an end. >> how slick is that? that is the first politician in history to claim that crime will end. >> looking forward to it. >> what he
can i note for a second, "the new york post," owned by rupert murdoch, the acting ceo, roger ailes movedut from that company, resigned from that company on the day that dnld it's hard to know, depending on whether or not trump wins, it's hard to know what more this day will be more looked at ailes leaving or trump. >> rupert murdoch one yearing a was tweeting that donald trump should get out of the race and stop embarrassing himself and his family, based on the john mccain...
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Jul 21, 2016
07/16
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CNBC
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rupert murdoch will assume the role of chairman and abouting ceo of fox news channel and fox businesswork. murdoch released this statement. roger ailes made a remarkable contribution to our company and our country. roger shared my vision of a great and independent television organization and executed it brilliantly for 20 years. basically, he says it's always difficult to create a channel or a publication from the ground up. and against seemingly entrenched monopolies to lead a flourishing news channel roger has defied the odds. once again, roger ailes resigns as chairman and ceo of fox news channel, fox business news and murdoch is chairman and acting ceo of fox news channel, fox business network and twentyiest century fox. back to you with details of golden parachute or packages we'll bring them to you. >> thank you very much. so much water cooler talk about this. not just in our business, but on wall street and elsewhere. about trying to read the tea leaves what this means for the future of an organization that was so beholden to this one individual whose vision really was the fox
rupert murdoch will assume the role of chairman and abouting ceo of fox news channel and fox businesswork. murdoch released this statement. roger ailes made a remarkable contribution to our company and our country. roger shared my vision of a great and independent television organization and executed it brilliantly for 20 years. basically, he says it's always difficult to create a channel or a publication from the ground up. and against seemingly entrenched monopolies to lead a flourishing news...
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Jul 20, 2016
07/16
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WRC
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he worked with rupert murdoch. >> it's always been a good relationship. roger ailes provides the one thing that rupert murdoch likes most and really can't do without, which is money. an enormous amount of money. >> former fox news host gretchen carlson alleges that ailes sabotaged her career because he rejected her sexual advances. ailes denied the claims. >>> a warning about mermaid tails you're experts say probably not a good idea to wear them in the pool. they can weigh down a child's legs, especially if they're not a strong swimmer. if you let your child in the water with one of the mermaid tails, make sure they stay in the shallow end and dive safety experts say never leave your children alone in the pool with one of those tails on. you should also avoid taking the tails to the beach. >> you have the ocean, you have the current and the different waves. it's not a safe activity. >> the tails themselves are also pretty pricey with some selling for $125. they're pretty to look at. you probably shouldn't -- it's hard to swim that way. >> if we were suppo
he worked with rupert murdoch. >> it's always been a good relationship. roger ailes provides the one thing that rupert murdoch likes most and really can't do without, which is money. an enormous amount of money. >> former fox news host gretchen carlson alleges that ailes sabotaged her career because he rejected her sexual advances. ailes denied the claims. >>> a warning about mermaid tails you're experts say probably not a good idea to wear them in the pool. they can weigh...
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Jul 20, 2016
07/16
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CNBC
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working closely with rupert murdoch. >> it has always been a good relationship. roger als provides the one things that rupert murdoch likes most and can't do without which is money. >> a year ago put his sons in charge of fox news. a source with direct knowledge of the situation told nbs news the brothers wanted als out even back then. today the drudge report posted a document that purported to be the $40 million separation agreement between ails and 21st century fox. the document was immediately taken down. the company fold with a statement. roger is at work. the review is ongoing. the only agreement in place is his existing employment agreement t. cynthia mcfadden, nbc news, new york. >>> more than 50,000 people have been swept up now in erdogan's crackdown after the failed coup attempt in turkey. joins us now on the phone from istanbul. hadley, according to those that you're talking to there, what should we expect today? >> well, all eyes are on this cabinet meeting and meeting of the national security counsel. president ir gone has been back since the couple
working closely with rupert murdoch. >> it has always been a good relationship. roger als provides the one things that rupert murdoch likes most and can't do without which is money. >> a year ago put his sons in charge of fox news. a source with direct knowledge of the situation told nbs news the brothers wanted als out even back then. today the drudge report posted a document that purported to be the $40 million separation agreement between ails and 21st century fox. the document...
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Jul 19, 2016
07/16
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WUSA
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>> yes, i've talked to those who advised rupert murdoch in past years.is would have been handled and the investigation would have been done internally and it would have been put in a file. bill o'reilly was sued for sexual harassment. fox had to make a seven figure payment to make that go away. they were willing to do that for their biggest star. i think that's been historically the template under rupert. i think it's a different moment. >> megyn kelly say big star and z that say anything to you? >> well, people don't know entirely where this is going to end up. this has been a rolling story and i think megyn kelly who has been in the midst of in a sense a publicity tour and other networks has not wanted to get in the middle of this melee. she's kept her powder dry. >> but this is a sign of the two sons running the company? >> i think that's right. if you look at james murdoch, he wants 21st century fox to be that company. and creating fox news and profits it's generated. he doesn't see roger ailes in his mid to late 70s as presenting a forward-looking f
>> yes, i've talked to those who advised rupert murdoch in past years.is would have been handled and the investigation would have been done internally and it would have been put in a file. bill o'reilly was sued for sexual harassment. fox had to make a seven figure payment to make that go away. they were willing to do that for their biggest star. i think that's been historically the template under rupert. i think it's a different moment. >> megyn kelly say big star and z that say...
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Jul 20, 2016
07/16
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KNTV
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but he solidified his reputation as a king maker working closely with rupert murdoch, the executive chairman of 21st century fox. >> it has always been a very good relationship. roger ailes provides the one thing that rupert murdock likes the most and really can't do without which is money, an enormous amount of money. >> reporter: a year ago murdoch put his sons in charge of fox news. a source with direct knowledge of the situation told us the brothers wants ailes out even back then. the drudge report posted a document that purported to be the $40 million separation agreement between ailes and 21st century fox. the document was almost immediately taken down. the companies followed with a statement tweeted out soon thereafter. roger is at work. the review is ongoing. the only agreement that is in place is his existing employment agreement. cynthia mcfadden nbc news, new york. >> a group of whale watchers near sydney, australia got up close and personal with a humpback whale after it surfaced a few feet from their boat. the photographer that captured the amazing image said everybody on the bo
but he solidified his reputation as a king maker working closely with rupert murdoch, the executive chairman of 21st century fox. >> it has always been a very good relationship. roger ailes provides the one thing that rupert murdock likes the most and really can't do without which is money, an enormous amount of money. >> reporter: a year ago murdoch put his sons in charge of fox news. a source with direct knowledge of the situation told us the brothers wants ailes out even back...
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Jul 22, 2016
07/16
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WRC
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. >>> rupert murdoch will take the reins of fox news following the departure of roger ailes. it follows a sexual harassment lawsuit filed by gretchen carlson. >>> tonight, there is a big fund-raiser in rockville to help stop a deadly syndrome that targets children. >> the butterfly bash was started fon her six-year-old daughter jamison who was diagnosed when she was six years old. it causes developmental delays, problems with nutrition. and extreme sunlig sunlight. >> we needed some sort of hope for treatment for our kids and research is the only way to do that. >> tonight's fund-raiser will be at the woodmont country club in rockville. their goal is to help raise $200,000 to fund their own study for the treatment. >>> chuck is updating his forecast with some of the hottest temperatures we've seen in years. >>> the dangerous has heavy flooding is in >>> oh, it's red. >> you know what that means. >> it's a storm team weather alert day. >> that means chuck bell working in overdrive here talking about the hot weather. >> absolutely right. we're in red mode here for the next coup
. >>> rupert murdoch will take the reins of fox news following the departure of roger ailes. it follows a sexual harassment lawsuit filed by gretchen carlson. >>> tonight, there is a big fund-raiser in rockville to help stop a deadly syndrome that targets children. >> the butterfly bash was started fon her six-year-old daughter jamison who was diagnosed when she was six years old. it causes developmental delays, problems with nutrition. and extreme sunlig sunlight....
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Jul 22, 2016
07/16
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WJLA
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ailes denying all allegation against him today stepping down as ceo of fox news and rupert murdoch willjesse angelo and cbs news president david rhodes. >>> gwen stefani in a radio therapy session with howard stern pouring her heart out on his about bonding with blake over their crumbling marriages. >> unbelievable that god would put us in a position to have each other. >> howard popping this question about shelton popping the question. >> if he proposes, what would u say? >> literally not answering that. >> really? >> yeah. >> interesting. that means yes. >> bachelorette spoiler alert. did jordan rogers big brother luke just reveal jordan won? >> she was able to roll with our ridiculousness. >> luke bragging about how well jojo gelled with the family let this slip with a live interview with womanista. >> except for the fact that she is missing some very crucial movies that we quote a lot. >> luke quickly trying to recover. >> we could catch her up with that should she need to be caught up. >> you'll have to wait a few more weeks to see what really happens. "the bachelorette" finale aug
ailes denying all allegation against him today stepping down as ceo of fox news and rupert murdoch willjesse angelo and cbs news president david rhodes. >>> gwen stefani in a radio therapy session with howard stern pouring her heart out on his about bonding with blake over their crumbling marriages. >> unbelievable that god would put us in a position to have each other. >> howard popping this question about shelton popping the question. >> if he proposes, what would u...
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Jul 22, 2016
07/16
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WJLA
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rupert murdoch will assume the role of chairman and ceo until a replacement is named.he 2017 nba all-star weekend will not be held in charlotte, in the weekend celebration searching for a new location because of the north carolina bathroom law that could discriminate against the lgbt community, the league will announce the new location in a few weeks and they hope to bring the all-star weekend back to charlotte in 2019. a few years after leaking government surveillance sequence, edward snowden working to help your phone activity safe, beleaguered turn international fugitive has embedded a new iphone case that blocks radio signals and keep the phone from revealing the location of the person using it, he envisioned it being used for human rights workers and -- but admits i can be used by anybody who does not want to despite on your we keep a close eye on the stream he, back with a new look jummy: a celebration is prince george turns three years old and it looks good on him. kensington palace releasing these cute photos showing him playing on a swing at the duke and duche
rupert murdoch will assume the role of chairman and ceo until a replacement is named.he 2017 nba all-star weekend will not be held in charlotte, in the weekend celebration searching for a new location because of the north carolina bathroom law that could discriminate against the lgbt community, the league will announce the new location in a few weeks and they hope to bring the all-star weekend back to charlotte in 2019. a few years after leaking government surveillance sequence, edward snowden...
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Jul 22, 2016
07/16
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WUSA
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in a letter to rupert murdoch, he wrote i take particular pride in the role i have played in advancingrs of many women i have promoted. for now the 76-year-old is being replaced by murdoch the man who hired him to help launch fox news in 1996. >> i think the fact that rupert murdoch is taking over fox news is a clear sign that the fox empire wants to make sure that both the viewers of f know that it's going to continue to do what it has done for the last 20 years. serve a very loyal and distant audience. >> reporter: in a statement announcing ailes' resignation, murdoch didn't mention the allegations. he said roger ailes has made a remarkable contribution to our company and our country. >> it's time for us to come out of the shadows and let our voices be heard. >> reporter: gretchen carlson may not be the only high profile fox news employ past or present to say that ailes made sexual advances. according to new york magazine, during the company's internal investigation into the allegations, megyn kelly reportedly testified that the now former fox ceo harassed her many years ago. after t
in a letter to rupert murdoch, he wrote i take particular pride in the role i have played in advancingrs of many women i have promoted. for now the 76-year-old is being replaced by murdoch the man who hired him to help launch fox news in 1996. >> i think the fact that rupert murdoch is taking over fox news is a clear sign that the fox empire wants to make sure that both the viewers of f know that it's going to continue to do what it has done for the last 20 years. serve a very loyal and...
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Jul 21, 2016
07/16
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cannot state the impact roger ailes has had on media, politics, culture for 15 years. >> and rupert murdoch was trying to send the message and i think more for internal talent who are wondering where it's going, it is not good tock the same. roger ailes is singular. >> like steve jobs. >> it is interesting. the move they are making to circle around it, rupert and chuck, i think there is more of this story. more dominos that are going to fall. i hear there is major major tal there that actually have in their contracts that if roger leaves, they can leave. this could move into a direction that's very unexpected. >> this is the first time fox has been vulnerable, they were vulnerable to other conservative outlets this year, vulnerable to conservative politicians and other republicans shunning them. trump went ahead, had feuds with them and could get away with it. now all of a sudden, fox without roger, this could instead of a singular conservative news dominator like fox, you could see a fracturing of the conservative news world a little bit. >> you could see a splintering of it because roger
cannot state the impact roger ailes has had on media, politics, culture for 15 years. >> and rupert murdoch was trying to send the message and i think more for internal talent who are wondering where it's going, it is not good tock the same. roger ailes is singular. >> like steve jobs. >> it is interesting. the move they are making to circle around it, rupert and chuck, i think there is more of this story. more dominos that are going to fall. i hear there is major major tal...
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rupert murdoch does it. i said he does not. i get up from the chair i went to my desk and picked myself on with the speed dial and got him. i said there are two guys here from twitter they tell me you have a twitter account. he said i'd do steve. [laughter] you do? and i have $247,000 -- to order 47,000 followers. i was speechless. why did you do that? is set every once in awhile i will tweet something out to. it was a check may. see you later. and it shows i don't know what i am talking about. [laughter] john: thank you steve wynn another man who worked his way to use the top to make his company extra successful responsible for though weird sexual advertisements. >> what is more american the and a cheeseburger? this one coated with a hot dog and potato chips in the hands of an all american model in a hot tub in a pickup truck driven by the american bull rider on the aircraft carrier under the liberty as she admires the most americans take burger new act carl's, jr. >> he took over the company that was in debt just four years l
rupert murdoch does it. i said he does not. i get up from the chair i went to my desk and picked myself on with the speed dial and got him. i said there are two guys here from twitter they tell me you have a twitter account. he said i'd do steve. [laughter] you do? and i have $247,000 -- to order 47,000 followers. i was speechless. why did you do that? is set every once in awhile i will tweet something out to. it was a check may. see you later. and it shows i don't know what i am talking about....
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Jul 22, 2016
07/16
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KPIX
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rupert murdoch is stepping in at ceo until a replacement is named. >>> the nba felt a blow to north carolina. it is moving the all-star game out of charlotte. the nba is protesting a law in north carolina that requires trans-gender people to use bathrooms that match the gender on their birth certificate. warriors star, steph curry had this to say. >> just from a guy growing up in charlotte and that is my hometown, disappointing for not able to celebrate the game of basketball as they had planned. >> the move is estimated to cost north carolina $100 million. the league says it will announce a new location soon. new orleans is rumored to be the frontrunner. >>> never feels good seeing this on your car, but tonight, there's a new tool to fight parking tickets. a stanford student has a simple, but effective way to get them tossed on. veronica de la cruz tells us it's already saved drivers millions of dollars. veronica? >> reporter: you might call josh a bit of a hero to thousands of drivers. he launched this website do not pay. he uses art officials -- artificial intelligent. >> it asks you some
rupert murdoch is stepping in at ceo until a replacement is named. >>> the nba felt a blow to north carolina. it is moving the all-star game out of charlotte. the nba is protesting a law in north carolina that requires trans-gender people to use bathrooms that match the gender on their birth certificate. warriors star, steph curry had this to say. >> just from a guy growing up in charlotte and that is my hometown, disappointing for not able to celebrate the game of basketball as...
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Jul 22, 2016
07/16
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KYW
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instead, rupert murdoch thanked him for his remarkable contributions and said ailes made accessible to contrast to the self-serving elitism that characters too much of the media. it began more than two weeks ago, when former fox anchor gretchen carlson filed a sexual harassment lawsuit against him. carlson claims she was fired for refusing his sexual advances. fox's parent company, 21st century fox, launched an internal investigation. today, gretchen carlson's lawyer said in a statement, we hope that all businesses nownd that women will no longer tolerate sexual harassment and reputable companies will no longer shield those who abuse women. >> tonight is the night. >> reporter: his resignation has prompted questions about the future of not only fox, but the overall media landscape. jim rutherberg covers media for "the new york times." >> fox news has been such a part of our dialogue and that is the fox news that roger ailes created but i think our political dialogue changes somewhat. >> reporter: late thursday, ailes sent a letter to murdoch and read in part, i am proud we have built f
instead, rupert murdoch thanked him for his remarkable contributions and said ailes made accessible to contrast to the self-serving elitism that characters too much of the media. it began more than two weeks ago, when former fox anchor gretchen carlson filed a sexual harassment lawsuit against him. carlson claims she was fired for refusing his sexual advances. fox's parent company, 21st century fox, launched an internal investigation. today, gretchen carlson's lawyer said in a statement, we...
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Jul 22, 2016
07/16
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BLOOMBERG
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rupert murdoch will ailes. taking on the role to continuity after allegations of sexual harassment. the cable nose network -- news network accounted for more than two thirds of operating income. strategists forecasting the yen ill achieve its first gain since 2011. at the meeting, rate decisions will have more impact on the currency then any announcement by japan's central bank. powered by more than 2600 journalists. you can find more stories. i am has haslinda amin. manus: thank you very much. let's get into those markets. asia is finishing off the week. there is more to the world of markets than pokÉmon. >> yes, we certainly are seeing rally off what has been a good week in the red. we saw the regional index hit the highest level since 2016. oda pouringts of kur water on helicopter money. also, the s&p 500 easing from record highs. weaker oil price plane into the markets in australia and hong kong. we have seen energy stocks coming under pressure. japan down percent. stronger yen, plane into things. in hong k
rupert murdoch will ailes. taking on the role to continuity after allegations of sexual harassment. the cable nose network -- news network accounted for more than two thirds of operating income. strategists forecasting the yen ill achieve its first gain since 2011. at the meeting, rate decisions will have more impact on the currency then any announcement by japan's central bank. powered by more than 2600 journalists. you can find more stories. i am has haslinda amin. manus: thank you very much....
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Jul 12, 2016
07/16
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CNNW
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>> what i learned tonight is rupert murdoch and 21st century fox hired the corporate law firm, paul weissvestigation of these allegations of sexual harassment against roger ailes. that's a major development because now these outside lawyers are looking into the allegations and what they find could determine roger ailes' fate. >> tell us a little bit about this law firm. why is this such a big deal? >> they're a major global law firm based in thonew york city,d the deflate-gate investigation. they're brought into the high-profile investigations where corporations and big institutions need to get to the bottom of what they find. and they're professionals. they're going to dig. >> and that -- they're doing the internal investigation. >> yes. yes, so they're interviewing fox news employees. >> this is not gretchen carlson. >> no, this is totally separate. they were brought in as a result of this lawsuit because the lawsuit triggered this scandal and rupert murdoch was forced to respond and he brought in this law firm. >> over the weekend, six more women came forward to accuse roger ailes of s
>> what i learned tonight is rupert murdoch and 21st century fox hired the corporate law firm, paul weissvestigation of these allegations of sexual harassment against roger ailes. that's a major development because now these outside lawyers are looking into the allegations and what they find could determine roger ailes' fate. >> tell us a little bit about this law firm. why is this such a big deal? >> they're a major global law firm based in thonew york city,d the deflate-gate...