but william randolph hearst wrote a letter to his mother--once quoting, then, from mr. hearst-- that if he could spend a month anywhere in the world, it would be at the ranch at san simeon. >> today, william randolph's cowboy dreams are being lived out by his gisat-grandson steve hearst. the now 80,000-acre hearst ranch is one of the largest and oldest working cattle ranches on the california coast. but when the new generation of hearsts took over, the question quickly became, how can the ranch keep thriving in the modern era? >> and it was my ranch manager cliff garrison who said, "gee, steve, it's a shame we couldn't do anything with our beef." and i said, "well, why couldn't we?" and so ultimately we started pursuing the grass-fed beef, and it fit right in with the whole conservation solution for the property. >> it's fun. it's a picnic every day. you know, we love it. it's a beautiful place and a great place to work. >> so from the shadow of their famous neighbor, the hearst ranch is stepping into the spotlight these days with their brand-few grass-fed beef operatio

william randolph hurst lived here with marian davis.e movies, steve martin bought the place when the jerk hit riches. >> we'll keep the eggplants up. >> good, we don't want any vegetables. >> reporter: whitney lived here in "the bodyguard." you might argue the house is a better actor than costner. we all know this view. >> this legendary view from the hollywood movies. the staircase you see there. that's the famous staircase for "the godfather." >> reporter: it was here they found the horse's head. >> ahh! >> reporter: jeff ireland, whose agency handles a billion dollars a year, does get to hang out behind walls designed the keep the likes of us out. are there many places like this? >> sadly, there aren't. many of them have been subdivided. many have been torn down by people who want modern, conte t contemporary houses. it is one of the last remaining grand estates of beverly hills. >> reporter: julia roberts' 20 million home, and adam sandler's house nearby. he's a tinted glass guy. and then there's downey jr. this glorious fragment of

beverly hills mansion is up for grabs, and the home has a unique historiment it was once owned by william randolph hurst and used by jfk and jackie kennedy. it was in "the godfather" and" bodyguard." what is it going for? $600,000 a month to rent or a mere $115 million to purchase. >> i would call joe flacco immediately if i was the agent. >> up next, kimmy kimmel. jimmy kimmle. >> abc7 news continues tomorrow morning at 5:00 a.m. >> appreciate your time. >> dicky: from hollywood, "jimmy kimmel live this week." tonight, chef gordon ramsay. channing tatum and jamie foxx. jim parsons. guillermo at the oscars. >> are you going to kiss me? >> if you want to. >> dicky: matthew fox. the cast of "duck dynasty." >> jimmy: i feel like the drummer in zz top right now. >> dicky: and this week in unnecessary censorship. and now, with the best of this week, here's jimmy kimmel! >> jimmy: hello. thank you. i'm jimmy. i'm the host of the show. thank you for watching. thank you for coming. [ cheers and applause ] it's a pleasure to have you here. the 85th annual academy awards. was anybody at the show? anybody? [

it was once owned by william randolph hearst and appeared in two films. what is it going for?ut $600,000 a month to rent it or $115 million to buy it. >> coming up next, back on course after a less than perfect launch. we'll tell you when the commercial space flight with cargo from bay area on board is set to rendezvous with the space station. they are unable to come up with they are unable to come up with an ag [ woman ] don't forget the yard work! okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. >> katie: welcome back. it's 8:30 and starting with a quick look at the weather. here is lisa argen. >>> good morning. we've been featuring mount tam because it's so pretty with the layering of clouds and filtered sunshine. temperatures this morning are in t

william randolph hearst lived his final years with marion davis.ought the ceilings with him. from his castle. and steve martin bought the place when "the jerk" hit riches. >> we don't want any vegetables. >> reporter: whitney lived here in "the bodyguard." you might argue the house is a better actor than costner. we all know this view. >> legendary view from the hollywood movie. that's the famous staircase from "the godfather." >> reporter: all yours for $20,000 a day, plus a gigantic security deposit. has anyone ever trashed the place? >> no. >> reporter: this one of the old-school beverly hills estate is also for sale for the right buyer. >> it's going to be a buyer who will live here maybe six weeks, eight years out of the year. >> reporter: sorry. someone's going to pay 115 million bucks to live here for six weeks a year? >> exactly. >> reporter: 17 bedrooms, 29 bathrooms, a nightclub and a gentleman cave. that's like a man cave but lined with vintage french wine. do you have to pay utilities? >> utilities are included. >> reporter: just checki

. >> it was once owned by william randolph hearst and used by jfk and jackie during their honeymoon. it was also used in the film "the bodyguard." it's $600,000 a month to rent it or $115 million to buy it. >> coming up, after a less than perfect launch we will tell you when the spaceflight is set to ron view with the international space station. >> and it's little league opening day. i'm live in petaluma, which happens to be the home of the all-stars who made it to the national championships last year. coming up, ♪ i'd like to thank eating right, whole grain, multigrain cheerios! my bowl, my spoons! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios has whole grain and 110 delicious calories. ...more grains. less you! multigrain cheerios in multi-grain cheerios peanut butter. >> welcome back. we are starting this half-hour with a quick look at the weather. this doesn't do it justice. wait until you see what lisa argen has for us. look at that. >> 6:39. another mine minutes the official sunrise

. >> it was once own by william randolph hers and used by jfk and jackdy during their honeymoon. and it was used in the fill "the bodyguard] [it's $115 million to buy. >>> we will tell you what the commercial spaceflight with cargo from the bay area on board is now set ♪ [ female announcer ] at yoplait, we want you to feel even better about your favorite flavors. so when you call, tweet, and post, we listen. that's why yoplait light and yoplait original are now made with no high fructose corn syrup. and why we use only natural colors and natural flavors in yoplait original. so, anything else we can do for you, let us know. but you'll keep it to yogurt, right? 'cause we shouldn't really help with your love life. yoplait. it is so good! use chaget 5% cash backs stations this quarter, whoa everybody get, everybody get! activate your 5% cash back at chase.com/freedom >> good morning, everyone. welcome back. it's 5:30 and we are starting this half-hour with a quick look at the weather. here's meet lisa argen. >> good morning to you. starting out with fair and mild conditions. we are l

just to get to your the william randolph hearst approach.that endorsed in the presidential campaign last year, i voted for obama. ten of our papers endorsed romney. two of them endorsed obama. so if i sent out a letter, nobody paid any attention. >> all those editors have been fired. >> no, no, i will tell you -- actually i make a point of this in the annual report. i really do, joe. i make a point of this in the annual report because i don't want my successor to start thinking he's william randolph hearst. so i want to establish a pattern where our editorial people, you know, whether whether they're in virginia or omaha for that matter. the omaha paper endorsed romney. they endorsed in the senate race a candidate i was for the other candidate. i mean, i want to -- i want to establish a pattern because -- >> i know -- i've never -- i've never seen rupert murdoch or pinch, whatever his name, i've never seen them take any editorial license either, warren. >> well, you haven't been reading very carefully. but if you read our papers, the idea be

roberta from new york and her grandmother bought it at auction and supposedly it was given to william randolphalue is in the break. what we mean by that in the weight of the metal. unfortunately it's signed on each cup which you may or may not able to see. the etchinges can't come off. that will hurt the value. >> no famous names >> not that we noticed. it's signed by the great sterling maker. a lot of the value $1,000 $1500. >> that's awesome. liberace pin. >> liberace gave it to the owner of the fountainbleu hotel. >> in this instance about $400 to $600. if we had a note from liberace and there's a movie coming out, if we had a note to go with to it tie to it the piece, maybe could be more. >> so it's the proof of ownership. >> previous ownership. exactly. >> liberace gave out a lot of jewelry. >> this is close to your heart? >> my husband said he was getting in on the action. he has thousand comic books setting there. >> your going to part with these? >> not yet. >> find out how much are they worth? >> about $950. there's more in a group which is even more exciting for us. we would like to

when i started in 1964, we had a managing director still complaining about how william randolph hearst had grew in newspapers. >> we always complain. garlic farmers. >> it is an economic issue and content of this advertising in a consumer society. since the feature brand-name sponsorship from independent journalist? >> i want to bring too much in because of our panel here, you came month of the most classic model. get another small paper, getting on the paper. visit horrify you someone asks about training and font to show? >> it doesn't horrify me. it's just symbolic of where a. this interesting things going on with her public a comment is that the name of the? >> public eye as a model where they got their money from wealthy folks and foundations and steer journalism. >> to finance journalism that otherwise would be done. i have a friend who just got a grant from the pulitzer foundation to focus on the acidification going on in the ocean, however poisoning notions. i really think there's opportunities for rehab to get created at how we create journalism. >> also, there's a simple thing

new york times" news service in 1964 we had a managing directive who was do complain about how william randolph hearst has ruined the newspapers. we always complain. we are like farmers. >> but you're right, it is an economic issue. and content follows advertising and a consumer society. so is the future of branding them sponsorship for the independent journalist? >> i want to bring jim lynch in because of our panel here, you came out of the most classic model, getting on the small tip, getting on the bigger paper. does it horrify you and somebody asked about branding and sponsorship? where does it -- >> it doesn't horrify me. it just, it's symbolic of where we are and. i think interesting things going on with like propublica, is that the name? spend propublica as a model were essentially the gather money from wealthy folks and foundations. >> to finance investigative journalism that otherwise wouldn't be done, and i've a friend who is a journalist who just got a grant from the pulitzer foundation to focus on all the acidification that's going on in the ocean, how we are poisoning the oceans. s