these people are much more worth. >> rupert murdock is one of the finest men on the planet. s with everything rupert said. do you see any type of economics? you know, when people have tried, when rupert murdock tried to buy some companies in the past, i'm thinking the "wall street journal," others at least initially have almost virtually always pushed back. >> right. >> i think that i can't really speak for rupert. obviously, there are a number of things that can be conject closured from a political standpoint in terms of what people will or will not do. thinkty esend end of the day, this is about economics, scale in cable networks and this is about technology everyone ableing this industry and making assets worth more than the stockmarket afforded the value. whether this will be the transaction that's allow politically. >> we have to obviously. is it possible that three months from now, we could be talking about time warner as a stand alone company? i should say i am told repeatedly by the way by people involved in this process time warner and its boards determine they would

could rupert murdock end up owning hbo and warner brothers? whether the $80 million bid could succeed. ke >>> rupert >>> rupert murdock already controls an empire that ranges from the fox news channel, 20th century fox, the "wall street journal." now an $80 million bid to buy time warner. joining us from new york is charlie gas perino. time warner's board has turned this down. that, in part, is because it doesn't want to be sold? >> always strange reporting on your own boss. i would say this. my little contribution to this thing before i got thrown out of sun valley, i reported there was broad-based interest in time warner. once time warner began selling off various parts, the cable division, the magazine part, it was down to a certain core confident like hbo, cnn. there's a lot of interest in this, particularly silicon valley, companies like google and amazon. we didn't know mr. murdock put his bid in already. i think that's really his end game, that time warner's end game is to get this bid, whether it's mr. murdock's, google's, amazon's, as

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it happens, rupert murdock tried to buy cnn's parent company. is it over? would fox beat them, buy them, dump them? let's get to it. >> now, shepard smith reporting live from the fox news deck. >> first this afternoon the google executive who died after an accused prostitute gave him a lethal dose of heroin was a quote lucrative source of income for her and she had no reason to kill him. that's according to her lawyer. the suspect, here she is in court wearing that red prison jump suit. and she pleaded not guilty to manslaughter and other charges. prosecutors say she left the google executive forest hayes to die aboard her yacht. her attorney says hayes was responsible for his own death. >> this case is about two adults engaged in mutual drug usage in the context of a sexual encounter initiated and encouraged by mr. hayes. >> in other words, he started it. he was married with five children. investigators say he met her on a quote sugar daddy dating site called seekingarrangement.com. police say under surveillance video shows her injecting that man aboard hi

rupert murdock set his sites on time warner, the parent company of cnn. he's offering $80 billion.scheduled. he wants to add hbo and warner brothers to his holdings. he would sell cnn if he gets it. this is the first time in five years that a tech giant has been forced to reduce staff. employees were given a heads up from the ceo warning that big organizational changes are coming. >> that certainly would be a big change. meanwhile, congress is on the verge of passing a new bill to upgrade your sunscreen. the measure is designed to bypass a backlog for more ingredients to be used in the u.s. many products are being used in other countries. 2 million americans are diagnosed with skin cancer every year. >> i spend a third of my life in the sun, smearing sunscreen on my boys. it's a major part of my existence. >> i wear white sunscreen, i look like a geisha when i have it on. >> i have come to grips you have to wear tons of it all the time. >> man oh man, is it a pain. thanks for watching. "new day" starts right now. >>> breaking news. broken truce. rockets fired in israel from gaza en

rupert murdock has made an unsolicited bid for the home of warners brothers, hbo. while the bid was rejected, there is speculation it could open the door to others in what has become a season of media mergers. >>> two losses to report tonight from the world of entertainment beginning with the death of johnny winter. the blues guitarist came from beaumont, texas. in the '60s, rose to prominence with his younger brother, edgar. both were albinos. johnny became a rock star in the '70s. never strayed far from the blues or his roots. he produced several albums, won three grammys along the way. he leaves behind 20 studio albums, played on many more. he was on tour in europe when he died yesterday in switzerland. he planned to tour the u.s. this year are. johnny winter was 70. >>> and elaine stritch has died. a legend on broadway and the entertainment business. her career spanned over six decades. she was a new york institution, brassy with a voice to match. she often worked blue but wore white, at least the blouse accompanied by black tights and high heels, her signature

best of the rest of the news of it first you don't succeed try try again well as australian rupert murdock's of montreaux when it comes to taking complete control over the media in america earlier this month murdoch's twenty first century fox made a staggering eighteen billion dollars bid to take over time warner the parent company of networks like t.n.t. h.b.o. and cable news giants c.n.n. and add it to the news corp empire or the bid was rejected according to people familiar with the matter that's not stopping murdoch the so-called news from continuing his efforts to buy time warner a new york times is now reporting that murdoch is trying to shuffle around and sell off some of his european media as sets in italy in japan germany to help raise funds to sweeten another potential bid for time warner if murdoch were to acquire time warner an already shrinking. media landscape in america would get even smaller least shrinking in terms of ownership back in one thousand nine hundred three ninety percent of american media was owned by fifty companies but as of two thousand and eleven at same ninet

media giant rupert murdoch keeps expected to keep trying to buy rival time warner burke the $76 billion bid by murdock's 21st century fox was rejected. he wants to own hbo and other popular channels. if he succeeds, it would make the company's bargaining position higher in demanding higher fees from tv distributors. tokyo's nikkei lost a fraction. hong kong's hang seng was flat. >>> here on wall street investors will be watching for the latest data on housing starts and weekly unemployment. the dow was up 77 points yesterday to finish at a new record high and the nasdaq gained 9 points. >>> president obama visits delaware today to talk about the economy again. the president will announce a new initiative to release private sector structure. he also wants congress to replace federal highway funds. >>> general motors' ceo mary barra will be testifying before congress again today. barra will answer more questions about the company's handling of recalls involving a defective ignition switch that led to 13 deaths. gm has forced out 15 people for failing to take action on the problem for more than a decade. >