Even the Rich cover image

The Murdochs - Rupert | 6

Even the Rich

00:00

How to Make Money on a TV Station

Rupert Murdoch guaranteed the loan. Liz buys two sleepy TV stations in Central California. She encourages reporters to chase racy stories. After a year, ratings and ad revenue are up. So she puts the stations up for sale. And what do you know? She ends up pocketing a profit of 12 million bucks.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app