so you mentioned rupert murdoch. rupert wanted to build a company.passion for what he has done. he almost lost his company when he was in school in england and his father died and they tried to take his family company. he remembered that. but he wanted to build something. ted turner wanted to build something. and so only you are interacting, craig mccaw, was in cable, radio, television. they were willing to do that all up for cellular. you wanted to find that individual who had passion for what they were doing. and if you believed in them, finding great people and backing them is obviously one of the great decisions. and so bringing capital to them, they might be low rated. and there were only 500 companies in america rated investment grade. so you can imagine, i am am coming to wall street. i have millions of companies. and everyone else is focused on 500. and those 500 don't create jobs. david: did you ever have somebody come to you if you did not finance them and they turned out to be successful later? did that ever happened, or? michael: i'm sure

and sweden because there are vast concentrations of wealth in the hands of people like rupert murdoch and that's really the truth this is not about virtue signaling this is about standing up for the most vulnerable people in the world and this is not a solution neil neil let me jump in there were for no nail let me just we're nailing out which will get about denmark neal let's let me jump in here joel facts might be useful. neal this is a. well if you and. i would like to say. gentleman. george mentioned the demonization of a specific type of people and the video and not is a fact the video that is being used on twitter is depicting a middle eastern looking man being dumped on an island what message do you think that is sending to the danish people and the rest of the world for that matter. well. disappointing to see the people who can see really suggests the. video which you haven't actually seen but i take your word for it is going to change the views and. somehow greatly affect the people of denmark who let's remember this is the elected government of dunmore not sweden incidentall

if you're going to get to the point where you can make those connections. >> and i mentioned rupert murdoch friend of the president. is that ever a factor for you all in the news room at the "journal"? >> i mean, it wasn't a factor at all in terms of our ability to report and nobody ever suggested that we not report any of the information that we had. the only -- externally, i think people may give it more credibility, because they say, okay, murdoch is a friend of the president and it's his paper that's reporting it. >> ah, right. >> so in that sense, it's helpful to us. >> interesting. all right. thanks so much for being here. >> thank you. >> congratulations. >>> and a quick break here. after the break, kellyanne conway. she says calling president trump is a liar is a slur. we'll get into that. >>> plus, good riddance to the white house christmas party for the press. we tackle that and more, right after this. charmin ultra soft! it's softer than ever. charmin ultra soft is softer than ever so it's harder to resist. okay, this is getting a little weird enjoy the go with charmin opportunit

howie: one of the founding editors with it was launched by rupert murdoch.e calls it an intellectual crime. they shut down efforts to sell the magazine. it was given pretty coldly. staffers were given until 5:00 friday to clean out their desks. >> i know they are revamping the "washington examiner." they are revamping that magazine. you can see as a business decision, you can see where they would be able to justify that to grow their list for the new magazine they are launching. howie: occasionally they took on newt gingrich. some big conservative intellectual names over the years. but i thought the website was an afterthought. there wasn't much content there. it's tough to compete in the trump era if you are conservatives and not on the trump train in the digital era. emily: i disagree with that. people who are supportive of trump, i don't know the standard always nailed that. howie: the "national review" criticizes the president. emily: i encourage people who are looking for fair criticism or support of the president to check out those outlets. i think the

in africa raising my profile among the people i raise money from, bill gates, warren buffett, rupert murdoch loved raising money. he was incredible at it. every company we invested in wanted to be like bono, like u2. he would go and talk to the employees of facebook, or whatever, and he was so motivating. it was just a game-changing thing. we had one day a week of his time. we were really open about this. there was nothing like him in that world. if you're trying to invest at the intersection of technology and media, the fact he was not a hood ornament, was intimately involved -- we have some strong personalities. he was the one who always resolved all of the internal issues. it was just amazing. he is such a beautiful person. he is that rare celebrity who is in real life all the good things you see in their celebrity, and then a whole bunch more. ♪ emily: you met mark zuckerberg in 2006. roger: i get a call from chris kelly, who is the chief privacy officer, one of the senior executives. he goes, my boss has an existential crisis. i can't tell you what it is. i think you are the right guy t

and rupert murdoch came in.the same time, i had already been interested in the idea of a fourth network. and so again, serendipitously, john, who owned a group of television stations called metromedia, he was passing through los angeles. and i said to rupert, "why don't we buy his television stations and start a fourth network?" and rupert, the greatest player, gambler, a strong instinct with nothing to back it up, but thinking this was a good idea said "yes." i said, "yes? it will cost $200 million." he said that's ok. and not more than an hour later, we shook hands with john and bought the television station. david: so, you were building the fourth network, and people thought you were crazy. but you did it. barry: the best position is for people to think you are crazy. i think it brings good luck. david: and then you decide to leave. barry: yes. i got to the point where i am 49, and i said "i have certainly been successful, but none of this is mine," and nothing is ever yours, but it wasn't. and i went to rupe

and it's been a momentous year for rupert murdoch.is us entertainment empire to disney and after a bidding war, the british and european broadcaster sky was sold to another us giant, comcast. some industries are in terminal decline. local newspapers prime among them. a few weeks ago, i visited the west midlands to talk to keith harrison, the editor of the wolverhampton express and star, who hasjust left after 25 years. just a few decades ago, work in a local paper came with esteem, influence and a solid wage. titles like the independently—owned express & star in wolverhampton were treasured in their communities. these days, their importance has grown further but their commercial clout is diminishing. now if you want a second—hand car, you look online and if you want local news, fewer and fewer turn to print. it's challenging. i think if you look at the size of the audience compared to say 20 years ago, more people are reading our stories now than they were in that time, but that's if you take the print audience and the digital audienc

sumner and rupert murdoch rose in the late 70, 80 and 90s, with the massive deregulation of the media. what did you learn about that, how it reflected what was going on in washington at the time. >> very astute because sumner was an antitrust lawyer at the justice department in the antitrust division and had a sophisticated understanding of antitrust law so to what do you attribute building the empire. and antitrust laws, he understood antitrust law, they were suing each other, antitrust lawsuit throughout the entire 20th century, most of their time, these little markets, i am filing a federal antitrust lawsuit against all the studios in hollywood because the theater in iowa gets better movies than me. it is hilarious. this is how they thought and he was the best at doing that. he was ahead of them. the theater owners association, he was a genius. so for sure he was able to recognize the importance of changes in the law in a way other people were not sophisticated enough to understand and one of the deals, cbs and viacom coming together with entirely caused by a change in regulation.

could be 55-year-old rupert murdoch.s a huge moment in television. the gemini of the three televisions. it was presumed to be complete and rupert murdoch having disrupted the newspaper business in australia and television business in britain. i don't see why there should only be three broadcast networks. i'm going to make another one. >> this was a big, bold bet. >> meantime, he will have to become an american citizen if he is to own tv stations here. something murdoch says he is willing to do. >> some people are saying it will take you 20 years to get your fox network on par with the big three. are you prepared to wait that long? >> sure, i intend to live that long, but i don't believe in the 20 years. >> the reaction to murdoch's idea of a fourth network was similar to reaction of ted turner starting cnn. it's ridiculous. what does he know about television? >> we don't think of ourselves as abc, nbc, cbs. we don't have to reach everyone. there's no question we have an inferior lineup of stations to our counterparts. it

if you're rupert murdoch you own the company and you can do what you like. >> let's put it in the basket of cleaning up our own house. cleaning up some of the media foibles and mistakes. then there is cleaning up government excesses. this is where snowden comes in. edward snowden revealed the extene extent. we know the issue generally. when you had to stand up and fight for the right to keep printing this and to keep your sources and all the rest, you came across officials of government who really wanted to close it down. intelligence officials right here in great britain. >> yeah. it's the difference between the national interest and what the government dictates to be the interest of the day. what we have understood what your previous guest that what richard nixon thought was the interest of the day might have been different from what the "new york times" thought, the pentagon papers. sometimes newspapers had to take their own judgment. my judgment was snowden was saying you can be like china where there is no firewall between social media and the big tech companies and the government.

even the president does an interview with rupert murdoch's "new york post." >> when he doesn't get the i've had this happen before, people who first aren't going to get the truth, they the good hammered with a major sentence. what are they going to do? he has a chase. either staying in prison or singing. i think you're going to find him in the choir with everybody else at the end of the day. >> all right. >> i think that ship has sailed. >> mega yacht, not ship. we're talking paul manafort. ken, nick ackerman, thank you. >>> cia director gina haspel finished briefing senators on the killing of "washington post" journalist jamal khashoggi. we'll have more on what they learned and how it stacks up against president trump's story. >>> but first, its 100 most powerful women list. this year german chancellor angela merkel holds the top spot again. uk prime minister theresa may number two. christine lagarde, number three. she runs the international monetary fund. the top americans are on the list. gem motors ceo mary berra. i've always looked forward to what's next. and i'm still going for m

. >> we're going to get to syria in one minute, but rupert murdoch's owned "wall street journal," which has for some time, the editorial page at least has at times dvenefended president trump when few others have. they editorialized about trump's syria-iran retreat. the islamic state is not defeated, says "the wall street journal." and the molas are delighted. retreat in syria is a sign of weakness, "the wall street journal" concludes that friends and foes will notice and who is celebrating more about their early christmas present than vladimir putin and russia. and they've said as much. this is a massive geopolitical win? for putin and russia. >> and we've just gone through the season of fire fight in california. and we've watched this massive devastating blazes. what the president is doing is the functional equivalent of we've gotten the fire contained, prosecute we're all arou we're all around it and now the embers are smoldering. we're going to leave. what do you think is going to happen? there's a prehigh chance of what we call in the navy a reflash where the fire comes back. that'