Detailed text transcripts for TV channel - CNN - 20171125:01:53:00
>> a huge development in television. it was presumed to be complete and rupert murdoch having disrupted the newspaper business and television business in britain. he arrives in america and says i don't see why there should only be three broadcast networks. he says i'm going to make another broadcast network. >> meantime, he will have to become an american citizen if he is to own tv stations here. something he 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 l...