Podcast appearances and mentions of john malone

On this special episode of Squawk Pod, media icon Barry Diller reflects on his career and the release of his new memoir Who Knew. He discusses launching Fox with Rupert Murdoch, a bitter legal feud with John Malone, and high-stakes negotiations. Diller offers his insights into the evolving media landscape, warning that tech giants now control the industry's future. He also opens up about his personal life lessons, his marriage to Diane von Furstenberg, and how fear shaped his fearlessness in business. An important conversation with one of media's most influential figures. Becky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin

Analysts Don Kellogg and Roger Entner discuss the new administration's spectrum policy, as well as the details behind Charter's pending purchase of Cox.00:24 Spectrum pipeline proposal may restore FCC authority 04:08 Broadband competition should also benefit 04:56 SpaceX and Dish differ over spectrum use 06:20 Charter's purchase of Cox to shake up cable 09:10 What's in a name? 09:55 Predictions for the new entity 11:54 Episode wrap-upTags: telecom, telecommunications, wireless, prepaid, postpaid, cellular phone, Don Kellogg, Roger Entner, spectrum, FCC, 5G, 6G, FWA, SpaceX, Dish, AWS-4, Charter, Cox, cable, Liberty, John Malone, Chris Winfrey, Comcast, Altice

China strikes back at the U.S. with 125% tariffs on goods – CNBC's Eunice Yoon reports on the latest. BCA Research's Marko Papic says it's dangerous to get overly bearish in a policy-induced recession. Plus, Minneapolis Fed President Neel Kashkari says the market trends show that investors are increasingly moving away from the U.S. as the safest place to invest while President Trump's tariff tensions continue to rise. Meanwhile, in the nation's capital, the House paves the way for Trump's “big, beautiful bill,” and over in Hollywood, John Malone gives up his seat on the Warner Bros. Board of Directors to become Chair Emeritus. Neel Kashkari - 15:48Marko Papic - 43:17 In this episode: Neel Kashkari, @neelkashkariEunice Yoon, @onlyyoontvMarko Papic, @Geo_papicBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinZach Vallese, @zachvallese

Making a Scene Presents Gerry Casey's Interview with Andy Gallagher of OverhaulOVERHAUL are a Rock, Grunge, Alternative Rock band formed in Scotland by American Singer/Songwriter/Musician Andy Gallagher in 1997.Touring with legendary artists such as Bob Mould (Hüsker Dü/Sugar) Violent Femmes, Dinosaur Jr, Langhorne Slim, Grant Hart (Hüsker Dü) and Ken Stringfellow of R.E.M., Andy Gallagher (guitar/vocals), Kenny Johnson (bass/vocals) and John Malone (drums/backup vocals) form the Rock/Grunge/Alternative Rock band, OVERHAUL. Formed in 1997, Overhaul tapped their musical influences from both U.S. coasts and Scotland to construct their own unique wall of sound built from pounding drums, catchy guitar hooks, and fist-raising vocal. http://www.makingascene.org

Carl Quintanilla, Jim Cramer and David Faber led off the show with Disney shares surging on better-than-expected Q4 results and guidance. What's ahead for the company's streaming strategy? David interviewed Liberty Media Chairman John Malone -- the cable pioneer who will soon become the company's Interim CEO. At Liberty Media Investor Day, David spoke exclusively with Charter Communications CEO Chris Winfrey about the company's all-stock deal to acquire Liberty Broadband. Also in focus: Cisco's earnings beat, the post-election rally stalls, "China effect" on the markets, Delivering Alpha highlights -- from AI-generated video featuring David and Andrew Ross Sorkin, to Ben Affleck on linear as a "tremendous opportunity." Squawk on the Street Disclaimer

Carl Quintanilla and Sara Eisen – alongside David Faber, live from Liberty Media's media day – broke down the results boosting Disney shares alongside this morning's latest inflation and jobs data. Sara and Carl also hit the latest for Tapestry & Capri, as they call off their mega-merger. Also in focus: exclusives with Liberty Media's Chairman John Malone on the many changes coming to the company and the media landscape, plus a deep dive with outgoing CEO Greg Maffei on his next ventures.  Squawk on the Street Disclaimer

One day after the post-election rally took a detour, Carl Quintanilla, Jim Cramer and David Faber discussed market reaction to inflation data -- a slight increase in October CPI year-over-year. Lots of news involving  Formula 1 owner Liberty Media: Greg Maffei is stepping down as CEO at the end of this year and will be succeeded by chairman John Malone on an interim basis. Liberty is spinning off most of its assets and Charter Communication agreed to acquire Liberty Broadband in an all-stock deal. Also in focus: The Trump transition and Elon Musk's role in a new "Department of Government Efficiency," Nvidia and Softbank forge an AI partnership, Volkswagen's $5.8 billion investment in EV maker Rivian. Squawk on the Street Disclaimer

On today's episode of KayaCast, the go-to podcast for cannabis entrepreneurs, we dive deep into the vault of business scaling wisdom with none other than John Malone, the brains behind the legal team that propelled STIIIZY from obscurity to a dominant powerhouse in the cannabis market.John brings a treasure trove of insider knowledge from his days at STIIIZY, where he navigated the turbulent waters of industry regulations and business expansion. He shares critical insights on the risks of rapid growth without solid infrastructure, emphasizing the importance of being nimble and building a sustainable business at a controlled pace — a lesson some in the industry have learned the hard way. Drawing from his extensive experience, John outlines the critical infrastructure necessary for business expansion: clear capital sources, rigorous financial planning, and core values that guide every decision. He warns against the allure of scaling too quickly and spreading resources too thin, a trap many enthusiastic businesses fall into, which can lead to operational inefficiencies and financial strain.This episode is packed with actionable advice for cannabis businesses aiming to scale wisely and sustainably. Whether you're contemplating your next big move or looking to refine your growth strategy, John's insights are invaluable.Don't miss this detailed exploration of legal strategies, business acumen, and the disciplined growth mindset that can help your cannabis venture thrive in a competitive market. Tune in now and equip your business with the knowledge to grow smart and strong!

In today's episode, Kyle Grieve discusses the book Cable Cowboy: John Malone and the Rise of the Modern Cable Business. He covers why and how John Malone was such a prodigious creator of value, how he aligned himself with shareholders, how he helped build his monopoly-like business, TCI, how he dealt with competitors and regulators, why he trained Wall Street to see value differently, why Malone despised paying taxes, how Malone engineered deals to enrich himself and shareholder simultaneously, and much more! IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 07:41 - Why John Malone chose to work for TCI at a significant discount 09:52 - How Malone kept costs down to maximize cash flow 16:24 - How John Malone used his knowledge of scale and leverage to build TCI 19:08 - How John created his accounting terms to best display TCI's abilities to create value 27:57 - How Malone used his scale advantages to secure better rates from programmers 36:34 - The monopoly-like power that TCI could yield that featured its bargaining power 38:17 - How Malone created life-changing wealth for himself from the Liberty Media spin-off 42:54 - Why John invented the 500-channel offering and how it protected the cable industry 45:51 - Malone's tactics to try and divert attention away from TCI's monopoly-like power 50:58 - How John Malone quickly improved TCI's financial statements through industry consolidation Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Get Cable Cowboy here Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com Follow Kyle on Twitter and LinkedIn Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota NetSuite CI Financial Fidelity Wise TurboTax Fundrise NDTCO Linkedin Marketing Solutions Vacasa Babbel Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Owning raw land, timberland, and farmland is often the domain of the wealthy. This is partly because it is difficult to obtain loans for this property. Today, we discuss an income-producing timberland that also tends to increase in value. For under $7,000 you can own quarter-acre parcels of producing teak trees in Panama and Nicaragua. You can invest yourself. All at once, this provides diversification with a hard asset in a foreign nation and a different product type. Over a twenty-five year period, each $7K quarter-acre teak parcel is projected to return $94K. You get title to the property. Learn more at: www.GREmarketplace.com/Teak With ownership of two quarter-acre parcels, you can qualify for a second residency in Panama for under $22K with legal fees, etc. A SFR does not grow into a duplex. But teak trees grow in volume while its unit price typically appreciates. Teak price growth is historically 5.5% annually. I've met the company CEO and Chairman in-person. This provider has offered this opportunity for 24+ years. They've recently added a sawmill, increasing profits. What are the risks of teak tree investing? Disease, pests, fire, geopolitics and more. They are proven mitigation plans. In-person teak tours for prospective investors are offered. Trees grow through recessions, COVID, market cycles, and Fed rate decisions. Learn more about teak tree investing at: GREmarketplace.com/Teak Timestamps: Welcome to Get Rich Education (00:00:01) Keith Weinhold introduces the podcast and emphasizes the importance of real estate and financial information. The US economy and land ownership (00:01:44) Keith discusses the strength of the US economy and the importance of diverse and resilient real estate portfolios. America's top 100 landowners (00:02:29) Keith talks about the largest landowners in America and the reasons why land ownership is often associated with the wealthy. Investing like a billionaire (00:05:32) Keith introduces the topic of investing in producing land and the benefits of owning producing land. Introduction to ECI Development (00:06:21) Keith introduces Michael Cobb and discusses the company's projects in Latin America. Marriott resort project in Belize (00:07:08) Mike talks about the construction of a Marriott resort in Ambergris Key, Belize, and the challenges of financing such projects. Development and tourism in Belize (00:08:37) Michael Cobb discusses the development and popularity of Ambergris Key, Belize, and the involvement of major hotel brands. Teak tree parcels investment (00:11:30) Michael Cobb explains the investment opportunity in quarter-acre teak tree parcels and the generational wealth stewardship associated with it. Reasons for teak investing (00:14:05) Michael Cobb discusses the reasons why people are interested in teak investing, including hard asset diversification and international residency opportunities. Cash flow cycles and teak investment (00:16:42) Michael Cobb explains the 25-year cash flow cycle associated with teak investments and the generational income potential. Optimal growing conditions for teak (00:19:26) Michael Cobb discusses the optimal growing conditions for teak and the physical growth of the trees. [End of segment] Teak Plantation Locations and Growth (00:19:42) Discussion on the optimal locations for teak growth and the historical track record of teak price growth. Teak Price Growth and Business Plan (00:20:44) The historical 55% annual increase in the value of teak and the business plan's conservative approach to teak price growth. Physical Properties and Residency Opportunities (00:21:33) The value of teak and the opportunities for achieving residency in Panama by owning teak. Residency and Citizenship (00:24:33) Differentiating between residency and citizenship in Panama and the process and benefits of obtaining permanent residency. Sawmill and Value-Added Component (00:27:56) The integration of a sawmill into the investment proposition and the value-added potential of processing teak into lumber. Sawmill Investment Opportunity (00:30:07) Details of the investment opportunity in the sawmill, including the expected return and investment structure. Risks and Mitigation (00:32:41) Discussion on the risks associated with teak plantation investment abroad and the mitigation strategies in place. Property Management and Tours (00:35:25) Outsourcing property management and the availability of tours to visit the teak plantations in Panama. Long-Term Investment Perspective (00:37:43) The long-term growth potential of teak investments and the comparison to the investment strategies of wealthy families and institutions. Earth's Highest Real Estate (00:38:11) Discussion about Earth's highest point, the equatorial bulge, and the location of teak plantations in Panama and Nicaragua. Investing in Teak Parcels (00:38:11) Information about purchasing teak parcels, the absence of loans, and the potential for building wealth through teak investments. Consultation Disclaimer (00:39:34) Disclaimer about seeking professional advice and the potential for profit or loss in investment strategies. Resources mentioned: Show Page: GetRichEducation.com/490 Learn more about teak investing: GREmarketplace.com/Teak For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  Top Properties & Providers: GREmarketplace.com GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold   Complete episode transcript:   Keith Weinhold (00:00:01) - Welcome to gray. I'm your host, Keith Reinhold. An affordable way to simultaneously invest like a billionaire. Get diversified in multiple ways with real estate. Help the earth. And if you prefer, even achieve residency in a second nation today and get rich education. When you want the best real estate and finance info, the modern internet experience limits your free articles access, and it's replete with paywalls. And you've got pop ups and push notifications and cookies. Disclaimers are. At no other time in history has it been more vital to place nice, clean, free content into your hands that actually adds no hype value to your life? See, this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor and it's to the point to get the letter. It couldn't be more simple text gray to 66866. And when you start the free newsletter, you'll also get my one hour fast real estate course completely free. It's called the Don't Quit Your Daydream letter and it wires your mind for wealth.   Keith Weinhold (00:01:16) - Make sure you read it. Text gray to 66866. Text gray 266866.   Corey Coates (00:01:28) - You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold (00:01:44) - What category? From Sorrento, Italy to Sacramento, California, and across 188 nations worldwide. I'm Keith Reinhold, and you're listening to get Rich education the Voice of Real Estate since 2014. As we're two months into the year now and the US economy has continued to stay strong. Let me ask, how's your portfolio doing and how resilient is your real estate? How diverse is it? How would you grade yourself on those criteria?   Donald Trump (00:02:17) - I would give myself, I would look, I hate to do it, but I will do it. I would give myself an A-plus. Is that enough? Can I go higher than that?   Keith Weinhold (00:02:29) - Well, well, whether your, I guess, straight A's or not. Consider this land report.com. They recently published a report about America's top 100 Las donors. Now, Lynn could be vacant and nonresidential, yet have active ranching or agriculture or forestry taking place.   Keith Weinhold (00:02:52) - That way the land produces something while it might increase in value at the same time. But the reason that often land is the domain of the wealthy is that it's harder to get loans for land, and therefore one must often pay all cash. Well, by the time they were done. Today, you'll learn about producing land that's actually available at such a low price point that alone typically is not required for you to buy it. In 2024, America's largest land owner is Red Emerson, and that's what the report found. Read and his family owned 2.4 million acres in California, Oregon and Washington through their Timber products company and the number since they became America's largest landowners in 2021, when they acquired 175,000 acres in Oregon from another timber company. Well, with that acquisition, the Emerson surpassed Liberty Media chairman John Malone's 2.2 million acres. And then in third place is CNN founder Ted Turner. Yeah, he's America's third largest landowner, with 2 million acres in the southeast on the Great Plains and across the West. And it was a few years ago now.   Keith Weinhold (00:04:05) - It was 2020 when news broke that Microsoft co-founder Bill gates was America's largest farm land owner, with more than 260,000 acres. So the wealthy are attracted to real assets that can produce yield in something like land, which they aren't making more of. That's the backdrop for today. Surely we'll talk about income producing land, although most years it won't pay out and it's available to any investor, big or small. But before we do, let me share that. About ten days ago, I climbed up the highest point on Earth here while we're talking about non-residential real estate. Well, where was it? Where was I? Yes, I was on Earth's highest piece of real estate. Kind of a trivia question here, and I used to think that that must mean Mount Everest, but it's not. So there's a clue for you there. Where is Earth's highest point is you ponder that. I'll give you the answer later. Let's talk about investing like a billionaire with the opportunity to own producing land did it to you? We've discussed this topic before, but it's been quite some time and there have been some important updates, including a sawmill for the production timber.   Keith Weinhold (00:05:32) - After success in the computer industry, today's guest formed ECI development in 1996. I suppose going on nearly 30 years now. He served on advisory boards for the Na as a resort community developer. They have projects in Belize, Nicaragua, Costa Rica, El Salvador, Honduras and Panama, and neighborhoods include homes, condominiums, golf courses and over five miles of beachfront. So they got some really beautiful properties. He and I first met in person in 2016. He and his family lived in Central America from 2002 to 2016. It's always fantastic to have back on grea, and I guess I must button up here because it is the chairman and CEO, Michael Cobb. It's good to be with you. Thanks for having me.   Michael Cobb (00:06:21) - Back on the show. It's fun to have these conversations. I didn't realize we met in 2016. That's a little while ago.   Keith Weinhold (00:06:27) - Yeah, it has been eight years. Yes, we met in the region then down there and Mike's about the most relatable and down to earth guy that you can find and literally down to earth is.   Keith Weinhold (00:06:41) - Besides the resort development, you've made it easy and inexpensive for investors worldwide to buy producing teak tree parcels. But before we discuss that, you've got a project that's drawn a lot of interest on Ambergris Key, Belize, which many of our listeners already know, that's Belize's largest island and its top tourist destination. I have visited and owned property there, and it's coming online next year. It's pretty exciting. Tell us about it.   Michael Cobb (00:07:08) - It is exciting. It's been in the works for goodness, eight years. I think we signed our contract with Marriott maybe 7 or 8 years ago. We started construction just about a year ago last January. So almost exactly a year. Yeah, it's a marriott resort, 202 room oceanfront resort. It's fantastic. It will be done in August of 2025. Soft opening heart opening October 25th. So yeah, about 1618 months from now have this project finally finished. You know, the big challenging thing in this part of the world is financing. But it's really hard to get financing or affordable financing.   Michael Cobb (00:07:42) - Let me say it that way. Yeah. And so we took our time and we would not start a project until it was fully funded. I think a lot of challenges are people start these projects are kind of betting on the. Com. Right. Oh well we'll figure it out later. And we don't operate that way. We've been around for yeah 28 years. And so we're very very conservative. And until we had all the money to build the hotel, the resort, we did not start. And so we kicked it off last January. It was just down there last week. Steel is arriving. The superstructure is already going up. Yeah, man. It's just so nice to see it really coming to fruition. But you know, it's prudence and patience to take our time, make sure we have all the funding and then launch so that what we start finishes. And that's really been our mantra for almost three decades now.   Keith Weinhold (00:08:27) - Make it up, make it real, make it happen. In the largest town there on Ambergris Key, Belize, just a few decades ago, it was still this sleepy fishing village.   Keith Weinhold (00:08:37) - And with the setting that that island has and all the great snorkeling and everything else, it's really become popular and is boutique hotels grew into larger hotels. Yeah, it was probably, what, ten years ago perhaps, that you saw some of these big brands start to take more of an interest, like Hilton and Marriott, in branding the buildings what is.   Michael Cobb (00:09:00) - And, you know, I give a presentation called Why Belize, Why Right Now? And you nailed it there when you talked about the timelines. Right. And how a country or a region, it's not even a country in this case. Ambergris key. It's very specific. Right. How ambergris Key Belize has moved through this timeline, this path of progress. And at some point it goes from being a niche market or a no name market to a niche market, to a boutique market. And then all of a sudden, you're right, at some point the brand start to pay attention and then you move into popular acceptance and really mainstream tourism. And so, right.   Michael Cobb (00:09:31) - The cruise ships started going to Belize about 15 years ago, which put Belize as a country into the mind of a more mainstream traveler. And then you're right, about eight, ten years ago, the brand started to pay attention. And we do. We have a Hilton, we have a curio by Hilton, we have an autograph by Marriott, our company, ECI. We picked up the best Western franchise, and so we operate a Best Western on the island for that middle class market. And then Marriott, obviously, for the very high end traveler who wants an oceanfront 4 or 5 star kind of property. So yeah, but the brands are paying attention. And by the way, we're just seeing the beginning of that happening. This popularity curve Belize has entered what I would call the fast growth period. And over the next five, maybe eight years, we're going to see incredible growth in the tourism industry. Airlift is up. JetBlue just started flying down. So we're starting to WestJet. So we've got Canadian Air.   Michael Cobb (00:10:22) - We've got a discount carrier southwest. So when those things start to happen what you see is a market dynamism that's you know really it's exciting and it's going to change. Very, very rapidly. The pace of change is going to grow rapidly as well. So great time to look at Belize. If folks are interested in sort of that positioning in the path of progress in the marketplace.   Keith Weinhold (00:10:43) - Each time I visit Ambergris Key, Belize, the level of development increase is palpable. And, you know, this is an opportunity for a US or Canadian buyer or a buyer from outside that nation to come in. And it's just a very easy step with the English language and the common law in Belize, where you can invest yourself in this Marriott project that Mike discussed. Now, Mike, a while ago, to change topics, you recognize that the world has been really deforested and losing its valuable teak hardwood forests so continuously since 1999, you've offered a program so that individual investors at a really affordable price. We'll get to that price later.   Keith Weinhold (00:11:30) - They can own quarter acre parcels with the property deeded in their name, and reap the benefits and returns from the growth of the teakwood on top of the land. And now this is pretty novel, because for hundreds of years, only the hedge funds and super wealthy had access to an investment like this. So get us up to date with what you're doing on the teak hardwoods, because I know that so many of our listeners and viewers have already gotten involved.   Michael Cobb (00:11:56) - They haven't really. Thank you for being one of the people who put the word out there. Right? Because most people don't even know you can own teak or let's just back it up and you say, own timber, right? You start there. You're right. Only the super rich land barons, hedge funds. Those are the people that have always owned timber for centuries. Right. And so I think in most people's minds it's like, oh, I can't even get there. How would I even do that? Right. Well, then you take it overseas and you take it into something very, very specific, like teak timber.   Michael Cobb (00:12:25) - That's just not on anyone's radar. So. So you have done a great job. Thank you for getting the word out to just let folks know that this is something that they can do. So quarter acre teak parcels. We are now on our third plantation in Panama. We have one in Nicaragua as well. And so we're in our third plantation in Panama. Just because of the incredible number of folks, well over a thousand folks now who have decided they want to invest in own teak. You said something really interesting, Keith. You said you get to own the land, you get title to land and you get the harvest of the trees. That's absolutely correct. But it gets better because when the trees are harvested, they get replanted. And then the next generation of people your children, your grandchildren, whoever that might be, get the next harvest. But because you still own the land and the trees are replanted, a third harvest, you know, and a fourth harvest. So what you've really created with teak ownership is generational wealth stewardship.   Michael Cobb (00:13:24) - And that is something that's just so far beyond the comprehension of so many people that it can be so easy and so affordable to do.   Keith Weinhold (00:13:32) - I'm an investor myself in producing land like this in Latin America, so I know what some of my reasons are for being interested in this. And yes, it's more than the fact that I'm just a geography guy. It's the fact that I know I'm diversifying in multiple ways at the same time, a different product type in residential real estate. And I'm getting international diversification in a different nation, for starters. So are those some of the reasons that you see for why so many people are interested in teak investing like this? What are their reasons?   Michael Cobb (00:14:05) - Yeah, I think you've nailed a big part of it, which is the hard asset. A lot of folks, your listeners, readers in the news that are right, I mean, hard assets are important. I hope more people recognize that. Right. And more and more people are, thank goodness. So hard. Asset real estate being this particular hard asset.   Michael Cobb (00:14:22) - Right. And then the international diversification, one of the challenges we have is us, especially in Canadians to some degree, is that we kind of locked into the US system like we can own, say, Toyota stock, right? Japanese company, we can own Nestlé, a Swiss company, but generally we're doing it on the New York Stock Exchange. And so even if we own an international stock, it's still the US basket are still the Canadian basket that we hold it in. Right. And so when you physically own a titled property outside your home country, you have now truly diversified internationally. And there's a lot of prudence in that. And even just tiny little percentages of your portfolio, 5% of your portfolio, 10% of your portfolio outside your home country and hard assets is prudent because you want some other baskets for those nest eggs. Antiqued because it's such a low price point of entry with a huge yield, by the way, that it has become very, very popular for folks who want that international diversification in a hard asset.   Michael Cobb (00:15:23) - But to have the true international diversification because it's a physical asset outside your home country. And then I. Just say this and we can pick up on the theme or not. The other reason that people are looking at teak in Panama and Nicaragua, by the way, both countries, is because of the availability or the qualification for a visa for a second residency. And a lot of times people look at that as a plan B, if we kind of think maybe the US is going off the rails or Canada or wherever your home country is at, or it could go off the rails. Doesn't have to be now. It could be going off the rails in the future. You sort of that Boy Scout mentality of, you know what, I want a plan B, and if we have a second residency outside our home country, we now have an option. If we don't like the way things are going or where they get to, we can actually pick up and we can move and we have the right legal right, because we have a residency to live in another country.   Michael Cobb (00:16:17) - That's another reason that a lot of people have picked up the teak because it qualifies you for that residency. But I think the bigger reason is the international hard asset diversification. I think that's the leading reason people do it.   Keith Weinhold (00:16:31) - I want to ask you more about the residency shortly, but tell us more about the investment. We're thinking about maybe capital growth as the trees grow. And then what about the income?   Michael Cobb (00:16:42) - Sure. And so I think let me back it up. A lot of people think in cash flow cycles, right? If we have a job, we get paid every two weeks. You know, you have a lot of folks that have invested in properties. We get a monthly rent check, right? Or if we have stocks, maybe we get a quarterly or annual dividend. Right. So those are the what I would call the common time frames that we think about in cash flow. But what the Uber wealthy, what the hedge funds, what the family offices, what the endowment for places like Harvard, Yale, these big institution or big institutional thinkers have known for centuries is that there are actually other cash flow cycles that are largely ignored by the what I would say, the average investor.   Michael Cobb (00:17:21) - And those cash flow cycles are much longer. Teak, for example, is a 25 year cash flow cycle, right? You plant the trees and in 25 years you harvest them. You plant them again, not them. You plant new ones, right? In 25 years you harvest those and then so on and so on. So what you're creating is this 25 year cash flow machine. Now the kinds of returns are truly outsized. I mean you're talking about double digit ers. Now a lot of people say, well Mike, that's great. But what happens if I need the money in year 15? You can't have it because there is no money in year 15. Your trees are still growing, right? So it's this weird investment timeline. It's almost flatlined until the very end. And then it jumps way up and then it drops back down to a flatline again. And so it'd be silly to put tons of money into teak unless you had thousand times tons of money, right? But for some small piece of your investment portfolio where you have enough cash flow coming in from your maybe your job, your rent, your dividends, whatever, that a small piece that moves into this 25 year cash flow cycle with the thought process that this is how I steward wealth into the future, to children, grandchildren, great grandchildren, because the 25 year cycle is almost generational, right? In fact, in the US, it probably is generational because we're having children in the ages of, you know, 25 to 30.   Michael Cobb (00:18:44) - So it kind of starts to line up with generational income as opposed to, you know, sort of that whatever biweekly, monthly, yearly income. So it's just a different cash flow cycle.   Keith Weinhold (00:18:56) - That's right. And I brought up before that, when you think about the growth of one of your investments, you now get to think about it in two ways. If you own a duplex, it might have growth in its price. However, it doesn't grow into a fourplex and have growth in its price. However, with teak, you might have an increase in the value of the wood, perhaps on a board foot unit basis, and at the same time it is growing in height and volume.   Michael Cobb (00:19:26) - Absolutely no. That's a cute way to say it. I never really thought about a duplex growing into a fourplex, right? That's good. Exactly. And so what you do, you're right. You have the physical growth of the trees. And we have located our plantations in the optimal growing conditions, fatigue. And they are very known.   Michael Cobb (00:19:42) - Right? I mean, the British started plantation growing teak 350 almost 400 years ago in Southeast Asia. And so the Brits have just meticulously kept statistical records of every plantation that they were involved with the altitude, soil type, rainfall, temperature, on and on and on. And so it's really well known exactly where teak will grow well, and both where we have our plantations, it does Nicaragua and Panama, and we'll stick on Panama today, but the locations are dead center bull's eye locations for the best optimal growing of teak. So you have this growth of a physical thing, right. But you mentioned the board foot price. And by the way, the track record on teak being grown in plantations is 350 years. So what a track record, right? But since 1970. Two. The average price of teak over 5152 years has been 5.5% a year. That's the growth in the price of teak, right? And so you know who knows the future, right? I mean, the future is the future, right.   Michael Cobb (00:20:44) - But if a 50 year track record on a 5.5% increase in the value of the teak itself is pretty powerful, right? That's the long track record of nice growth. And when we factor in our teak into our business plan, we take that 5.5 and we make it zero. We just say, what if there is no increase in the price of teak over 25 years? How much will the tree grow? And if that tree is cut down and is sold as lumber? When we'll talk about our Solomon in a minute. If that tree is sold as lumber, what's the value of that lumber today? And what will the tree be worth in that value 25 years from now? And so if things do continue to increase at 5.5% a year, that's just all gravy. And that just starts to take that rate of return and just ratcheted up even further.   Keith Weinhold (00:21:33) - Teak has a number of physical properties that make it valuable, from its beauty to its fire resistance and more. Mike has now touched on a few interesting things.   Keith Weinhold (00:21:44) - We'll come back and talk about that soon, including how you can achieve residency in Panama by owning teak, what the risks are, and more about their sawmill that he just mentioned, adding value to the operation there. And then we're going to talk about what the prices are. We're talking with ECI Development Chairman and CEO Michael Cobb more when we come back. I'm your host, Keith Wynn. You know, I'll just tell you, for the most passive part of my real estate investing, personally, I put my own dollars with Freedom Family Investments because their funds pay me a stream of regular cash flow in returns, or better than a bank savings account, up to 12%. Their minimums are as low as 25 K. You don't even need to be accredited for some of them. It's all backed by real estate and that kind of love. How the tax benefit of doing this can offset capital gains and your W-2 jobs income. And they've always given me exactly their stated return paid on time. So it's steady income, no surprises while I'm sleeping or just doing the things I love.   Keith Weinhold (00:22:52) - For a little insider tip, I've invested in their power fund to get going on that text family to 66866. Oh, and this isn't a solicitation. If you want to invest where I do, just go ahead and text family to six, 686, six. Role under this specific expert with income property, you need Ridge Lending Group and MLS for 256 injury history from beginners to veterans. They provided our listeners with more mortgages than anyone. It's where I get my own loans for single family rentals up to four Plex's. Start your pre-qualification and chat with President Charlie Ridge personally. They'll even customize a plan tailored to you for growing your portfolio. Start at Ridge Lending group.com Ridge lending group.com.   Speaker 5 (00:23:49) - This is the Real World Network's Cathy Fekete, and you are listening to the always valuable get Rich education with Keith Reinhold.   Keith Weinhold (00:24:06) - You're listening to the SOS created more financial freedom for busy people just like you than nearly any show in the world. This is guitarist education. I'm your host, Keith Whitehill. We're talking with ECI development chairman and CEO Mike Cobb about teak hardwood investing in Panama and Nicaragua.   Keith Weinhold (00:24:22) - Like, tell us more about how one can achieve residency, for example, in Panama if they own teak there maybe just how residency varies from citizenship?   Michael Cobb (00:24:33) - Sure. Well, why don't we start with the second part, how residency differs from citizenship. And there's a good place to start. You know, citizenship is you become a citizen of the country. You have a passport, you can vote. You have every legal right of that country. Right. The decision would have residency to use a US term is like a green card, right? It's the legal permission to live in that country for some period of time. Many of them are permanent. In fact, Panama's is permanent. So once you have a Panama permanent residency, you could literally pick up, you could move there tomorrow, and you could live for the rest of your life in Panama. And so it gives you the legal right to live there. But you don't have a passport. You can't vote. I guess that's the main difference, right? You don't have a passport, you can't vote.   Michael Cobb (00:25:18) - But for most people, in fact, the overwhelming majority of people, a residency delivers exactly what somebody wants, which is the ability to live somewhere. Right? And we don't care if we vote or not. I mean, right, we'd still be citizens of our home country, US, Canada, or wherever we can vote back home or citizen. We have our passport from those countries, but the right to live somewhere else is powerful. And so the teak in Panama qualifies you in two ways for two quarter acre parcels, and then the legal fees and stuff like that. It's just under 22,000. A little less gives you permanent residency in Panama. Right? That's such an affordable way to be able to I call it the back pocket. Right. The insurance policy or the plan B in the sense that, like, I think a lot of folks are worried about the direction things are headed. And, you know, you have the teak parcels, which are going to produce a tremendous return. And then this byproduct that you qualify for and you have to go, you have to get down there a couple times.   Michael Cobb (00:26:16) - I mean, there's a little bit of administrative stuff, some legal fees, that's all included in that 22,000. Right. So that's all included. You have to go there a couple times. So there's a little bit of friction I would say. But when you get finished with that friction, you are a permanent resident of Panama and you only have to go there one day every two years. So you fly down every other year, whatever. Go, go talk to your trees, maybe sing to your trees a little bit, whatever you want to do and fly. All right. And you have a permanent residency. So it's a very easy, fast way to get that plan B now in the future, if you ever said, well, I really love Panama, I'd like to live here. Panama is beautiful. The city itself, it's got skyscrapers, apartments on the 50th floor of use or killer. You can be out on the beach or somewhere. You can be up in the mountains. So there are a lot of different climates and geographies in Panama where you might say to yourself, yeah, I think I want to come down here and live someday.   Michael Cobb (00:27:09) - Well, you already have your residency. You already have the legal right to do that.   Keith Weinhold (00:27:14) - Yeah, I mean, 100%. Now, Panama isn't predominantly English speaking like Belize is, but Panama just has a lot of inherent familiarity and feel to a lot of Americans. Since the canal is there and there is that strong American presence, and they've even dollarization their economy there, for example, in Panama. So it might be that nice plan B for you. And tell us more about the residency and the investment into the sawmill and how that works. So it sounds like there's now a value added component is you essentially vertically integrated and now have this sawmill with the teeth. Tell us more about that.   Michael Cobb (00:27:56) - So we've always factored in the sawmill into the investment proposition. Because if we were to just take the logs for example, 25 years, you cut down the trees, you stick the logs in the container and send them off to China or India, which is where most of the logs go. The return on investments.   Michael Cobb (00:28:13) - It's not great, it's okay, but it's not great. The way you actually get a phenomenal return on investment is you take those logs and you turn them into lumber, which has about a 3 to 4 x differential, or what we call first stage end product or simple end product, which would be something like flooring, which is basically lumber that's been finished one more level rooted and bulldozed so that you can put them together right on a wood floor. So those two modifications from the log all the way to the first degree of finished product, the returns start to really jack it up into that double digit IRR right over 25 years, which again is phenomenal. So we talked about price. But just to give an idea, a $7,000 quarter acre parcel at harvest turned into lumber and first level finished. Product turns into about $94,000, right? So 7000 turns into $90,000, which is a tremendous return. But the way you get that return is to deliver to the marketplace lumber and first grade finished product. And so Soma has always been part of our business plan.   Michael Cobb (00:29:19) - Well, we are now two years away from our harvest on our first plantation, the one I planted back in 1999. Right? I mean, it's incredible thinking that, you know, 20, gosh, 24 years ago planted a teak plantation. So we're two years from harvest. We have one more set of kind of odds and end thinning of just trees that didn't quite grow. Right. We're going to use those thinning over the next couple of years to practice in our sawmill. Because you know what? We are going to make mistakes. I mean, you don't ever get it right the first time. So we're going to make mistakes. We're going to learn from them. And by the time we actually do the real harvest of that first plantation, 100 acres of teak, two years from now, we will be up to speed with our sawmill will size up, we'll capacity up to do that. But yeah, so folks can actually we have a $2 million opening in the sawmill. And it's a real simple formula.   Michael Cobb (00:30:07) - It's two times your money and then a proportionate 10% interest in the sawmill. So for example, just rough numbers off the top of my head. You put in $100,000, you get twice your money back in about a 3 to 4 year period. As a sawmill really becomes operational. We take the first harvest, like the thinning, aren't going to produce much. In fact, we hope to just basically kind of break even over the next two years while we practice. Then we cut down 100 acres of teak. We start putting that through the sawmill, right? So you get two extra money, you invest 100 to get back to 100, and then your return would be about 13 or $14,000 a year. On going after that, because you get a 10% carried interest in the sawmill into the future as well. So that's the investment opportunity that produces a shorter cash flow, much tighter on the cash flow. But then a nice trailer for many years. But the investment is 100,000. So it's a more significant investment than, say, somebody wanting a little bite sized piece of a quarter acre parcel or two quarter acre type parcels paired with the residency that gets you that.   Michael Cobb (00:31:13) - So a couple different levels of investment depending on what your goals are, but also what your timelines are.   Keith Weinhold (00:31:19) - We described the sawmill investment numbers there. And then just to clarify, on the quarter acre parcels, they cost $7,000 each with an expected value or return of $94,000 after 25 years.   Michael Cobb (00:31:37) - That's correct. 6880. I'm using round numbers, but 6880 is the quarter acre teak and right at harvest when it processes through the sawmill. A little over that, but $94,000 is returned to the investor along the way. I'll mention this. There are maintenance fees. It's about $150 a year. We just take a credit card. We just tap it once a year. That takes care of property taxes, thinning, cleaning, anything that they have to do with the plantation. So $150 a year, your maintenance fee. But yeah, 6880 turns into 94,025 years. If teak continues to go up at 5.5% a year, the return would be better than that.   Keith Weinhold (00:32:16) - You probably have investors that come in oftentimes from North America, maybe some from Europe, and they see this as a really low cost of entry, $6,880 for one quarter acre parcel.   Keith Weinhold (00:32:29) - So are there any risks that one should consider? Therefore, if they're a first time investor abroad, maybe something they're not thinking about if they buy a rental single family home in their own hometown?   Michael Cobb (00:32:41) - Yeah. Very different. I mean, in some ways it's very different. In other ways it's pretty similar. Right. You're going to get title to the property. The process of getting title will be a little different. You're going to have to send in copies of your passport, a notarized utility bill. Just some things that you wouldn't have to do if you were buying a property in the States. But at the end of the day, you will get what's called Escritorio Publica public title. So it's a registered land deed. And so that part of it's all pretty similar risk factors. Absolutely. The business plan has them in there. But the big ones are any kind of disease. It's monoculture. So I mean a disease could come through and kill all the trees. Right. The good thing there is, again, teak has a 350 year track record of being managed and grown in plantations.   Michael Cobb (00:33:24) - So it has a long track record where they've kind of figured out, well, if this happens, then do this or if this pest comes along. This is how we, you know, we mitigate that, but nothing can mitigate all risk. That fire is an interesting one. Fire is a risk in the first three years of teak. So we call it baby teak. But once the tea trees are 3 to 4 years old, they're really above any kind of fire. Because you clean the plantation and the guys are in there with the machetes chopping to keep the, you know, the brushed and grass down in the dry season, which, by the way, you mention the qualities of teak, the hardness of teak is actually the most. Prized quality. And so the hardest of the teak that we get will actually be taken and sold as marine lumber, which is an unbelievable differential in price. But only 5 to 10% of your teak would qualify as marine lumber. So it's a small percentage, but the value of that is very, very high because it's set to hardwood.   Michael Cobb (00:34:20) - But the rest of the tree is also likewise very hard. The dry season is what cures the teak. And so in the dry season teak drops its leaves. And so it's very resistant to fire. If you do good maintenance on the plantation, we do so fires only a risk really in the first three years. And we actually warranty the trees of a fire comes through. In the first three years. We replant the plantation for any parts that are burned. So there's sort of a warranty that comes with the first three years. I mean, the other risks are political risk. What if Panama goes off the rails? The good thing about Panama, it's got the canal. And that is a major, vital strategic US interest. I just don't see the US letting Panama kind of go off the rails. But it could. But those I think are the three what I would call main risk factors. And we mitigate those to the best way possible.   Keith Weinhold (00:35:13) - You heard Mike mention about the thinning and cleaning. Yes, there is ongoing management, but that is already handled and taken care of in any of the prices that you already mentioned.   Keith Weinhold (00:35:24) - Is that right, Mike?   Michael Cobb (00:35:25) - Yeah, correct. And we outsource to a company called Geo Forest. All Geo Forest, all. They've been our plantation manager from since 1999. And and they're phenomenal. What they do, their world class. They've been doing it for longer than 25 years, maybe 30 years at this point. But we outsource what we have to outsource because we're not management plantation managers. So we can find folks that are.   Keith Weinhold (00:35:47) - The same property manager for a quarter century, a property manager that actually doesn't get fired. Hey, that's a novel concept. Two times two is what some investors back here in the U.S. are thinking with their residential real estate investments. If you want to learn more about this investment, I encourage you to check it out. You can do that through Gray Marketplace at Gray marketplace.com/teak. Mike, do you still offer tours.   Michael Cobb (00:36:16) - Oh my goodness yes. And I hope that you will take us up on the opportunity to come down and see the dairy and province. But yes, we do.   Michael Cobb (00:36:24) - And I don't know the dates off the top of my head, but for folks who are interested, uh, two things. One, we actually run a tour that's fun because it's a group of people and it's just, you know, you come down and you do it. But if somebody says, hey, I can't make those dates, but I want to come see the trees. Yeah, it's very reasonable. I think it's a couple hundred bucks. They pick you up at your hotel, they'll run you out to the plantation, bring you back. But it's a whole day. I mean, it's four hours outside of Panama City and four hours back, so it's a long day. And if it's a couple, it's still 200. It's basically for the vehicle out and back. Right? The driver and the vehicle. So you can come anytime or you can come with a group. And if you come with a group there is no charge. I mean, we get the van or the bus and we pay for it all.   Michael Cobb (00:37:03) - And yeah, we make peanut butter and jelly sandwiches and we have fun.   Keith Weinhold (00:37:07) - All right. Well, I think people have probably covered for the tea more than the sandwiches, but that is a nice touch that you do for people because you do that whether someone is a great investor or not, whether they haven't invested at all yet, and they just want to go ahead and check it out. And you can learn more about those dates at GR marketplace.com/teague Mike, it's always such a fun chat to discuss something so exotic. It's been great having you back on the show.   Michael Cobb (00:37:34) - Nice to be back with you. I look forward to seeing you in Panama one of these days.   Keith Weinhold (00:37:43) - Trees grow through recessions, they grow through market cycles, they grow through Covid, and trees just keep growing through every single fed rate decision. The wealthiest families on the planet, the top 1%. They have locked up vast portions of their wealth for timeframes even longer than the 25 year peak harvest cycle. In fact, Harvard has fully 10% of its endowment, specifically in timber.   Keith Weinhold (00:38:11) - To follow up on what I asked earlier, as we're discussing non-residential real estate today, Earth's highest point above sea level is Mount Everest. The highest from base to peak is Monica. But Earth's highest piece of land, uh, the highest point is measured from the center of the Earth is Chimborazo Volcano, Ecuador. That's because Earth is not a perfect sphere. But there's an equatorial bulge. That's what I was climbing ten days ago. Earth's highest real estate, Chimborazo, was also there for the closest real estate to the sun and moon. But back down here at a lower elevation where the teak plantations are in Panama and Nicaragua, there are no loans for teak. But at prices under seven K, many GRI listeners have found that they don't need a loan and they have bought ten or more parcels. But you can buy as few as 1 or 2 a quarter acre teak parcels and then later cash it out for yourself or build that wealth legacy for your family. Kind of like the top 1%. If it sounds interesting to you, learn more.   Keith Weinhold (00:39:22) - Get started at GR marketplace.com/t. Until next week. I'm your host, Keith Wild. Don't quit your day dream.   Speaker 6 (00:39:34) - Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get Rich education LLC exclusively. The.   Keith Weinhold (00:40:02) - The preceding program was brought to you by your home for wealth building. Get rich education.com.

Spontaneous Prosperity PS I meant John Malone, not Brian Roberts.

Rundown -    Brian Stelter - 27:04   Troubadour Dave Gunders - 01:02:33   "Simple Man" by Dave Gunders - 01:08:22   The star of CNN's Reliable Sources, Brian Stelter, returns for the first time since his show was canceled. He's the author of the new bestseller, Network of Lies: The Epic Saga of Fox News, Donald Trump, and the Battle for American Democracy. https://www.simonandschuster.com/books/Network-of-Lies/Brian-Stelter/9781668046906   Stelter has had a front row seat to American history with his longtime focus on the role of the media and especially Fox News Channel and its owner, Rupert Murdoch. Stelter's book also focuses like a laser on Tucker Carlson. We discuss the devolution of FNC from Bill O'Reilly to Carlson.    Also discussed are former fox stars like Geraldo Rivera and Kimberly Guilfoyle. Considered at further length are remaining Fox broadcasters, Judge Jeanine Pirro and Sean Hannity. We recall mid-November 2019 when he covered the host's cancellation on 710 KNUS. https://pmd.cdn.turner.com/cnn/big/business/2019/11/17/caption/canceled-for-criticizing-trump-on-the-radio.cnn_ios_5500.mp4   Stelter is asked about his own hasty departure from CNN despite Reliable Sources being inexpensive to produce and solid in its ratings. Was it Colorado's John Malone who wanted him gone? Stelter is a truth teller and he writes how Fox helped lead USA on its precarious course now.   Rudy Giuliani came out of the Fox News ecosystem and addressed Giuliani's DC defamation trial resulting in almost 150 million dollars in damages for plaintiffs Ruby Freeman and Shaye Moss. We discuss the obnoxious behavior of “America's Mayor” which led to such a massive verdict.   2024 is nearly here and Stelter considers the campaign and whether Artificial Intelligence will help decide the outcome. Presumptive GOP nominee Trump is already cheating with deep fake NBC reporting by fake Garrett Haake. https://nypost.com/2023/12/11/news/nbc-news-demands-trump-official-scrap-deepfake-reporter-video/   Show Troubadour Dave Gunders contributes "Simple Man" on a special occasion. Silverman (the birthday boy) may be the Simpleman, or is he just another guy? Don't we all have the divine spark? We get to prove it one day at a time. Gunders again proves his musical greatness. https://www.youtube.com/watch?v=Ej-8cwgkNNQ    The Craig Silverman Show - Every Saturday morning at 9 a.m. Colorado time

Founders ✓ Claim What I learned from reading Ted Turner's Autobiography.----Get access to the World's Most Valuable Notebook for Founders by investing in a subscription to Founders Notes----Listen to Art of Investing #4 David Senra Lessons from the Founder Historian. ----(9:00) My net worth dropped by about 67 million per week, or nearly 10 million per day, every day for two and a half years.(10:00) Once to drive home a point about the difficulties of attracting good loyal employees he told me: Jesus only had to pick 12 disciples and even one of those didn't turn out well.(10:00) Early to bed, early to rise, work like hell, and advertise .(11:00) Total Recall: My Unbelievably True Life Story by Arnold Schwarzenegger. (Founders #141)(13:30) The problem isn't getting rich, it's staying sane. — Charlie Munger(17:00) I learned a lesson that would stick with me throughout my career. When the chips are down in the pressure's on it's amazing to how creative people can be.(20:00) My father always maintained many of the different billboard businesses as separate legal entities. (He didn't want to dilute ownership of his main company and separate entities allowed for periodic reorganization to offset capital gains liabilities.(20:30) When you own an asset your job is to maximize its value.(23:00) He combines the assets he has in a way his competitors can not.(24:00) The more I learned about TV stations the more I realized that ours was a disaster. Of the 35 people who were on the payroll when we took over only two were still there a year later —the custodian and the receptionist.(25:00) Ted Turner believed in the power of television more than almost anybody else.(30:30) My dad taught me early on that longterm relationships with your customers and partners are very important. You never know how the guy who you're friendly with today might be able to help you tomorrow.(31:00) Cable Cowboy: John Malone and the Rise of the Modern Cable Business by Mark Robichaux. (Founders #268)(32:00) What other people in his industry sees as a threat, Ted sees as an opportunity.(37:00) These issues were all unchartered territory. All of us, the regulators, the broadcasters, the program suppliers and the leagues were sorting things out on the fly. I was working as hard as I could. I'd go all out during the day, working on sales, distribution, regulatory issues, whatever the battle happened to be, and I'd worked right up until it was time to fall asleep. I had a pull down Murphy bed in my office and I would literally work until the point of total exhaustion. Then I'd put my head on the pillow at night worried about problems. Then I'd wake up and spend the entire next day trying to solve them.(44:00) One of the most important ideas in the book is the power of Belief: Clearly the company for whom the economics of 24 hour news would have made the most sense with a big three broadcasters. They already had most of what was needed: studios, bureaus, reporters, anchors. They had everything but a belief in cable.(45:00) I'm going to be a billionaire. And here's why. I'm going to put this station up on a satellite and I'm going to get a news thing going. Sports, movies and news, 24 hours a day, all over the world. He said this in 1976.(46:00) Henry Ford didn't need focus groups to tell him that people would prefer inexpensive, dependable automobiles over horses. Alexander Graham Bell never stopped to worry about whether people would prefer speaking to each other on a phone.(49:00) I'm always convinced that one of the reasons that I've been successful is that I've almost always competed against people who were bigger and stronger, but who had less commitment and desire than I did. For Turner Broadcasting this dispute meant everything. We had to win.(52:00) Ted's Superstation idea is printing money: $177 million in revenue and $66 million in profit. This is in the 1980s!(53:00) It would be 13 years before we faced another 24 hour news channel.(57:00) He has a keen understanding of how to combine assets to create an advantage that no one else has.(58:00) The Gambler: How Penniless Dropout Kirk Kerkorian Became the Greatest Deal Maker in Capitalist History by William C. Rempel. (Founders #65)(58:00) Genius has the fewest moving parts. Never get into deals that are too complicated.----Get access to the World's Most Valuable Notebook for Founders by investing in a subscription to Founders Notes----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested, so my poor wallet suffers.” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

Founders ✓ Claim What I learned from reading Ted Turner's Autobiography.----Get access to the World's Most Valuable Notebook for Founders by investing in a subscription to Founders Notes----Listen to Art of Investing #4 David Senra Lessons from the Founder Historian. ----(9:00) My net worth dropped by about 67 million per week, or nearly 10 million per day, every day for two and a half years.(10:00) Once to drive home a point about the difficulties of attracting good loyal employees he told me: Jesus only had to pick 12 disciples and even one of those didn't turn out well.(10:00) Early to bed, early to rise, work like hell, and advertise .(11:00) Total Recall: My Unbelievably True Life Story by Arnold Schwarzenegger. (Founders #141)(13:30) The problem isn't getting rich, it's staying sane. — Charlie Munger(17:00) I learned a lesson that would stick with me throughout my career. When the chips are down in the pressure's on it's amazing to how creative people can be.(20:00) My father always maintained many of the different billboard businesses as separate legal entities. (He didn't want to dilute ownership of his main company and separate entities allowed for periodic reorganization to offset capital gains liabilities.(20:30) When you own an asset your job is to maximize its value.(23:00) He combines the assets he has in a way his competitors can not.(24:00) The more I learned about TV stations the more I realized that ours was a disaster. Of the 35 people who were on the payroll when we took over only two were still there a year later —the custodian and the receptionist.(25:00) Ted Turner believed in the power of television more than almost anybody else.(30:30) My dad taught me early on that longterm relationships with your customers and partners are very important. You never know how the guy who you're friendly with today might be able to help you tomorrow.(31:00) Cable Cowboy: John Malone and the Rise of the Modern Cable Business by Mark Robichaux. (Founders #268)(32:00) What other people in his industry sees as a threat, Ted sees as an opportunity.(37:00) These issues were all unchartered territory. All of us, the regulators, the broadcasters, the program suppliers and the leagues were sorting things out on the fly. I was working as hard as I could. I'd go all out during the day, working on sales, distribution, regulatory issues, whatever the battle happened to be, and I'd worked right up until it was time to fall asleep. I had a pull down Murphy bed in my office and I would literally work until the point of total exhaustion. Then I'd put my head on the pillow at night worried about problems. Then I'd wake up and spend the entire next day trying to solve them.(44:00) One of the most important ideas in the book is the power of Belief: Clearly the company for whom the economics of 24 hour news would have made the most sense with a big three broadcasters. They already had most of what was needed: studios, bureaus, reporters, anchors. They had everything but a belief in cable.(45:00) I'm going to be a billionaire. And here's why. I'm going to put this station up on a satellite and I'm going to get a news thing going. Sports, movies and news, 24 hours a day, all over the world. He said this in 1976.(46:00) Henry Ford didn't need focus groups to tell him that people would prefer inexpensive, dependable automobiles over horses. Alexander Graham Bell never stopped to worry about whether people would prefer speaking to each other on a phone.(49:00) I'm always convinced that one of the reasons that I've been successful is that I've almost always competed against people who were bigger and stronger, but who had less commitment and desire than I did. For Turner Broadcasting this dispute meant everything. We had to win.(52:00) Ted's Superstation idea is printing money: $177 million in revenue and $66 million in profit. This is in the 1980s!(53:00) It would be 13 years before we faced another 24 hour news channel.(57:00) He has a keen understanding of how to combine assets to create an advantage that no one else has.(58:00) The Gambler: How Penniless Dropout Kirk Kerkorian Became the Greatest Deal Maker in Capitalist History by William C. Rempel. (Founders #65)(58:00) Genius has the fewest moving parts. Never get into deals that are too complicated.----Get access to the World's Most Valuable Notebook for Founders by investing in a subscription to Founders Notes----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested, so my poor wallet suffers.” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

We've got sizzling Thanksgiving episode stuffed full of news, gossip, and… America's favorite game show?! First: Will lackluster AI protections sink the SAG-AFTRA deal? Then we raise a glass to the latest victim of the streaming wars: Showtime Anytime. Speaking of Paramount-related news: IT'S DAILY SHOW HOST WATCH! (Second timers edition!) But wait, there's more! Because after that we feast on an irresistible helping of David Zaslav news. And finally: We head the big (enough) screen and stream the new Netflix movie The Killer featuring Michael Fassbender as the titular assassin, framed by David Fincher's direction. All that, plus: Can you out-score Dianne on a post-strike edition of Renewed or Canceled?! We've got 12 shows across TV and streaming that have been hanging in the balance for months now. (Spoilers in the links below!) ———

What I learned from reading Ted Turner's Autobiography. ----Get access to the World's Most Valuable Notebook for Founders at FoundersNotes.com----Listen to Art of Investing #4 David Senra Lessons from the Founder Historian. ----(9:00) My net worth dropped by about 67 million per week, or nearly 10 million per day, every day for two and a half years.(10:00) Once to drive home a point about the difficulties of attracting good loyal employees he told me: Jesus only had to pick 12 disciples and even one of those didn't turn out well.(10:00) Early to bed, early to rise, work like hell, and advertise .(11:00) Total Recall: My Unbelievably True Life Story by Arnold Schwarzenegger. (Founders #141)(13:30) The problem isn't getting rich, it's staying sane. — Charlie Munger(17:00) I learned a lesson that would stick with me throughout my career. When the chips are down in the pressure's on it's amazing to how creative people can be.(20:00) My father always maintained many of the different billboard businesses as separate legal entities. (He didn't want to dilute ownership of his main company and separate entities allowed for periodic reorganization to offset capital gains liabilities.(20:30) When you own an asset your job is to maximize its value.(23:00) He combines the assets he has in a way his competitors can not.(24:00) The more I learned about TV stations the more I realized that ours was a disaster. Of the 35 people who were on the payroll when we took over only two were still there a year later —the custodian and the receptionist.(25:00) Ted Turner believed in the power of television more than almost anybody else.(30:30) My dad taught me early on that longterm relationships with your customers and partners are very important. You never know how the guy who you're friendly with today might be able to help you tomorrow.(31:00) Cable Cowboy: John Malone and the Rise of the Modern Cable Business by Mark Robichaux. (Founders #268)(32:00) What other people in his industry sees as a threat, Ted sees as an opportunity.(37:00) These issues were all unchartered territory. All of us, the regulators, the broadcasters, the program suppliers and the leagues were sorting things out on the fly. I was working as hard as I could. I'd go all out during the day, working on sales, distribution, regulatory issues, whatever the battle happened to be, and I'd worked right up until it was time to fall asleep. I had a pull down Murphy bed in my office and I would literally work until the point of total exhaustion. Then I'd put my head on the pillow at night worried about problems. Then I'd wake up and spend the entire next day trying to solve them.(44:00) One of the most important ideas in the book is the power of Belief: Clearly the company for whom the economics of 24 hour news would have made the most sense with a big three broadcasters. They already had most of what was needed: studios, bureaus, reporters, anchors. They had everything but a belief in cable.(45:00) I'm going to be a billionaire. And here's why. I'm going to put this station up on a satellite and I'm going to get a news thing going. Sports, movies and news, 24 hours a day, all over the world. He said this in 1976.(46:00) Henry Ford didn't need focus groups to tell him that people would prefer inexpensive, dependable automobiles over horses. Alexander Graham Bell never stopped to worry about whether people would prefer speaking to each other on a phone.(49:00) I'm always convinced that one of the reasons that I've been successful is that I've almost always competed against people who were bigger and stronger, but who had less commitment and desire than I did. For Turner Broadcasting this dispute meant everything. We had to win.(52:00) Ted's Superstation idea is printing money: $177 million in revenue and $66 million in profit. This is in the 1980s!(53:00) It would be 13 years before we faced another 24 hour news channel.(57:00) He has a keen understanding of how to combine assets to create an advantage that no one else has.(58:00) The Gambler: How Penniless Dropout Kirk Kerkorian Became the Greatest Deal Maker in Capitalist History by William C. Rempel. (Founders #65)(58:00) Genius has the fewest moving parts. Never get into deals that are too complicated.----Get access to the World's Most Valuable Notebook for Founders at Founders Notes.com----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested, so my poor wallet suffers.” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

CNBC's David Faber spoke exclusively with Liberty Media Chairman, John Malone, to discuss the future of live & entertainment content, the state of streaming, sports rights, the future of ESPN and more.

Carl Quintanilla, Jim Cramer and David Faber led off the show with Disney: The stock jumpedon a Q4 earnings beat, streaming subscriber growth and cost-cutting plans. David spoke exclusivelywith cable pioneer and Liberty Media Chairman John Malone. They discussed everything from Disney and the future for ESPN, to streamers in a period of "rapid transition." David also interviewed Liberty Media CEO Greg Maffei at the company's annual "Investor Day" about the business of Formula 1, sports media rights and big tech. Also in focus: The S&P 500 and Nasdaq's long win streaks, earnings winners and losers includingArm Holdings -- out with its post-IPO results. Squawk on the Street Disclaimer

It's the FINAL episode of The Middle Class VO Podcast, and we are so excited to share what's on the horizon! Change is good, but it's always better to say goodbye with friends by your side. Which is why this wrap party is so special. Our good friends and special guests John Malone, Krysta Wallrauch, Eric Romanowski, Rob Reed, and Heather M. Bell are here to celebrate this exciting transition with us, and we are thrilled you are joining us too!   Thank you so much for sticking with us over the years! It's truly been a great run and we wouldn't have made it this far without all of your continued love and support. So get ready friends, because it's time to say goodbye to The Middle Class, and start MAKING WAVS, on the new series of: The Making Wavs VO Podcast, with Kevin Kilpatrick and Bobbi Maxwell!!! See ya there!

Reactions to Tuesday's iPhone event at Apple, the recent history of the development landscape in gaming, and an overview of the flaws in the plan Unity announced this week. At the end: Competing thoughts on the NFL and NBA, John Malone's portfolio, and Taylor Swift in theaters.

Dee Tox, Leslie Yancey and John Malone, a nurse with a unique background in martial arts are diving into the thin line between self-defense and potential legal consequences in the medical field. Don't miss out on this enlightening conversation that offers both challenges and solutions in healthcare defense.Nurses and Medics: This is your platform! We want to hear your stories of the good, the bad and the ugly. Send us an email at cominghomewell@gmail.comDo you know a health worker that needs a laugh? B2B N.F.L.T.G. Certificate click here Get the ammo you need to seize your day at Soldier Girl Coffee Use Code CHW10 for a 10% off at checkout!Special Thanks toArtwork: Joe Weber @joeweber_tattoos Intro/Outro/Disclaimer Credits:Pam Barragan Host of 2200TAPS Podcast "Racer" by Infraction https://bit.ly/41HlWTkMusic promoted by Inaudio: ...

Chapter 1 What is The Outsiders Book "The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success" is a business book published in 2012. It explores the strategies and management principles employed by eight exceptional CEOs who have achieved remarkable long-term success. In "The Outsiders," Thorndike challenges the conventional wisdom of traditional management practices and focuses on CEOs who took a different approach to running their companies. He selects a diverse group of CEOs from various industries, including capital allocation experts like General Cinema's Richard Smith and growth-focused leaders such as Tom Murphy of Capital Cities Broadcasting. The book highlights the common traits and unconventional strategies these CEOs employed that set them apart. These executives prioritized capital allocation, making rational decisions about how to allocate resources, whether it was through acquisitions, share repurchases, or investments. They were also adept at managing their boards and fostering a culture of accountability and decentralization within their organizations. Thorndike provides a detailed analysis of each CEO's tenure, examining their track records, strategic moves, and overall performance. Through extensive research and interviews, he presents valuable insights and lessons for readers interested in understanding successful long-term management practices. "The Outsiders" has received positive reviews for its thought-provoking content, unique perspective, and practical takeaways. It offers a fresh outlook on business leadership and serves as an inspiration for executives and managers looking to challenge conventional wisdom and learn from unconventional CEOs who defied industry norms to achieve outstanding results.Chapter 2 Is The Outsiders Worth ReadWilliam N. Thorndike Jr.'s book "The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success" is definitely worth reading. The book provides valuable insights into the strategies and management styles of eight exceptional CEOs who achieved remarkable success in their respective companies. Thorndike explores the unconventional approaches these leaders took to drive long-term performance and create shareholder value. By studying the practices of executives such as Warren Buffett, John Malone, and Tom Murphy, readers gain a deeper understanding of the principles that guided their decision-making and helped them outperform their competitors. "The Outsiders" offers a refreshing perspective on corporate leadership and challenges conventional wisdom regarding managerial practices. It emphasizes the importance of capital allocation, a disciplined focus on generating cash flow, and prioritizing the long-term interests of shareholders. This book is highly recommended for entrepreneurs, investors, and anyone interested in learning from the experiences of successful business leaders. By examining the unconventional strategies employed by these CEOs, readers can gain valuable insights that they can apply to their own professional endeavors.Chapter 3 Summary of The Outsiders In this article, we delve into William N. Thorndike Jr.'s groundbreaking book, "The Outsiders." Offering a comprehensive summary, we explore the key insights and strategies employed by some of the most successful CEOs in history. Discover how these unconventional leaders defied industry norms, focused on capital allocation, and achieved outstanding long-term results for their companies. Join us as we unveil the secrets behind their extraordinary achievements and learn valuable lessons...

Elizabeth explains why she's replaying the episode, "What It's Like to be a Voice Actor" with John Malone (hint: she's away on vacation--but there's more to it than that); and gives a behind-the-scenes look at what went on during the taping of John's interview.Show notes from John's episode:A voice actor can be a silly animated bear one day, the voice on a luxury car commercial the next day, and ALL the characters in an audio book the following day.  On this episode, John Malone--an award-winning professional voice talent--shares what it takes to do his job... and do it well: from what a home recording studio should include, to how he finds the voices for his wide-ranging repertoire. There are two words in the job title: voice actor--and both are critical to success!  The acting part is huge; this job is not just about having a "good voice."  It also takes a lot of hustle and a lot of training and a lot of hard work.  If you think this is an easy money, work-from-home-in-your-pajamas type of job... think again. John has an inspiring story of shifting to this career mid-life that may inspire you to re-think your path as well.Want to know more about John?Check out his website, Malone Zone (where you can hear lots of samples of his work):  malonezone.comConnect with him on Facebook: @MaloneZoneVOFind him on Twitter: @TheMaloneZoneFollow him on Instagram: @malonezonevoWant to know more about the "What It's Like To..." podcast?Sign up to be on our Insiders' List! Go to whatitsliketo.netFollow us on social media:InstagramFacebookTwitterLinkedInSupport the show

We discuss the now official Donald Trump vs Ron DeSantis battle for the 2024 Republican Presidential nomination, what interests Trump and DeSantis appear to represent, how DeSantis is as much if not even more of a hawk on both the war on terror and the global culture wars than Trump is, and what makes DeSantis a weak candidate on a national scale compared to Trump. We also discuss the changes at CNN, with John Malone and David Zaslav in primary positions of control and influence. We talk about differences between CNN now compared to CNN under Jeff Zucker, and how CNN appears to be positioning itself as a much more Trump friendly outlet than Fox News, which has shifted away from Trump to DeSantis support. https://www.thedailybeast.com/the-russian-mole-and-the-fight-for-the-promised-land https://www.vox.com/2022/8/26/23322761/cnn-john-malone-david-zaslav-chris-licht-brian-stelter-fox-peter-kafka-column https://en.wikipedia.org/wiki/Dimitri_Simes https://en.wikipedia.org/wiki/David_Zaslav https://en.wikipedia.org/wiki/John_C._Malone https://en.wikipedia.org/wiki/Kaitlan_Collins https://altcensored.com/watch?v=_fCtlpSpb5U https://altcensored.com/watch?v=WI5k6Y9uFb8 https://altcensored.com/watch?v=Ita6XZZAixY https://altcensored.com/watch?v=gHSsoJPfxTo https://altcensored.com/watch?v=92ni6lZ6D8Q --- Support this podcast: https://podcasters.spotify.com/pod/show/the-antedote/support

It's Casual Friday! Sam hosts Heather Digby Parton, contributing writer at Salon.com and proprietor of the blog Hullabaloo, to round up the week in news. Then, he is joined by Matthew Film Guy! First, Sam runs through updates on the debt ceiling debate, CNN's response to backlash from their Trump Town Hall, the “end” of the COVID emergency and Title 42, Joe Manchin taking on the EPA, various mainstream court cases, and Elon's new CEO, before diving into the floundering “reports” of the intense corruption of the Biden Crime Family. Digby then joins as she and Sam dive into Anderson Cooper's insanely “holier than thou” response to critiques of CNN, as well as the looming conservative shadow of John Malone over the company, before quickly running through ongoing debates about the Debt Ceiling. Wrapping up, they touch on the “end” of COVID, per the Biden Administration, and how well over 1 million deaths later, the US has learned absolutely nothing. Film Guy “Matthew Film Guy” Matthew joins as he and Sam run through the impact of the WGA strike on the movie and TV industries, reflect on Sam's appearance on Movie Night Extravaganza, and Matthew's film suggestion of the Romanian New Wave film “Four Months, Three Weeks, and Two Days.” And in the Fun Half: Sam tackles the right wing's vitriolic coverage of the killing of Jordan Neely, with Jesse Watters and Greg Gutfeld uplifting the “heroic” murder of a guy whose crime was being hungry and upset, also touching on Elon's new CEO appointment as Twitter overlooks a financial cliff, and Ben Shapiro's “Pope of the Jews” schtick expanding to proclaim himself “Pope of the Rape Victims.” Wrapping up, they discuss Biden's fascist immigration policy in the wake of Title 42 being rolled back, and Tommy Tuberville's defense of White Nationalists in the military. Check out Digby's work at Salon here: https://www.salon.com/writer/heather_digby_parton Check out Hullaballoo here: http://digbysblog.net/ Come see Matthew Film Guy at the Movie Night Extravaganza live event in Queens!: https://www.facebook.com/events/607031584693251?mibextid=Z0UBBX&paipv=0&eav=AfZny0evB7ffBbgFy8xgeRDEf-WP3MUKfp0rXBovskJVysjtDbev3uzRSDjerTh88G8&_rdr Check out Matthew's Letterboxd here: https://letterboxd.com/langdonboom/ Check out Matthew's film discussion group here: https://www.commonpointqueens.org/program/cultural-arts-and-jewish-heritage-classes/ Check out Matthew's eBay auction here! https://www.ebay.com/itm/115464749223 Become a member at JoinTheMajorityReport.com: https://fans.fm/majority/join Subscribe to the ESVN YouTube channel here: https://www.youtube.com/esvnshow Subscribe to the AMQuickie newsletter here: https://am-quickie.ghost.io/ Join the Majority Report Discord! http://majoritydiscord.com/ Get all your MR merch at our store: https://shop.majorityreportradio.com/ Get the free Majority Report App!: http://majority.fm/app Check out today's sponsors: Sunset Lake CBD: sunsetlakecbd is a majority employee owned farm in Vermont, producing 100% pesticide free CBD products. Great company, great product and fans of the show! Use code Leftisbest and get 20% off at http://www.sunsetlakecbd.com.  Henson Shaving: Go to https://hensonshaving.com/majority and use code MAJORITY for a free 100-pack of blades! Follow the Majority Report crew on Twitter: @SamSeder @EmmaVigeland @MattBinder @MattLech @BF1nn @BradKAlsop Check out Matt's show, Left Reckoning, on Youtube, and subscribe on Patreon! https://www.patreon.com/leftreckoning Subscribe to Discourse Blog, a newsletter and website for progressive essays and related fun partly run by AM Quickie writer Jack Crosbie. https://discourseblog.com/ Check out Ava Raiza's music here! https://avaraiza.bandcamp.com/ The Majority Report with Sam Seder - https://majorityreportradio.com/

On this episode of ADI Book Club we review The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success by William Thorndike.Thorndike studied Warren Buffett, John Malone, and other outsider CEOs that compounded capital at high rates over the long-term. The book covers stock buybacks, acquisitions, hurdle rates, management styles, and other strategies that these outsider CEOs implemented into their businesses. It's a great book and there's a lot to learn from it.The Outsiders - https://www.amazon.com/Outsiders-Unconventional-Radically-Rational-Blueprint/dp/1422162672/Follow Karan - https://twitter.com/KaranMGurnaniFollow Jason - https://twitter.com/afterinvestor

September 12, 1995, was a historic day for cable technology. It was then, during a CableLabs board meeting in New York, that a group of leaders heard from industry pioneer John Malone about the coming, critical importance of developing interoperable equipment for the delivery of high-speed data services over the cable network – a concept that later became DOCSIS.Among the 21 people in attendance that day was Dr. Richard Green, the first CEO of CableLabs. That meeting led to the development of DOCSIS, a "bedrock platform for manufacturers to build modems" and to do so at scale, Green recalls in this episode of the Light Reading Podcast. The unedited audio transcript is available in the media player of this episode page. Hosted on Acast. See acast.com/privacy for more information.

EPISODE 157: COUNTDOWN WITH KEITH OLBERMANN A-Block (1:41): The "Lock Her Up" Crowd needs to speak to the manager! It thought it made itself perfectly clear! It's "Lock HER Up!" It CANNOT BE "Lock HIM Up!" Whether Trump is arrested tomorrow, next week, or never, the fascist orgasm of naked pusillanimous fear over the rumors Trump himself spread, is COMPLETELY WORTH IT. But the general "wisdom" is complete nonsense. These are bullies who have never before been stood up to. They do not know what to do next but utter dark threats they have no means of acting upon. A "human moat" to encircle Trump? Crashing the economy? Storming key cities in the blue states? As my cousin by adoption and marriage Mike Tyson says, verybody has a plan until they get punched in the mouth, and Trump's cult just got punched in the mouth. And if a Trump arrest would guarantee him a "landslide victory" then the obvious Democratic nominee next year is Hunter Biden, on a chain gang with his father, Pelosi, Fauci, Hillary, and Vice President Harris. I understand we've all been worn down by eight years of this Fun-House-Mirrors-crap but relax. Gravity still works. Honestly: the arrest thing isn't even the most important Trump story. What a Washington judge did Friday to attorney-client privilege with Trump and lawyer Evan Corcoran - and what she did with Corcoran's notes that must implicate Trump in perjury - is the real deal. Plus there was an omen in Manhattan yesterday. The Proud Boys attacked "Drag Story Hour" - and got the crap kicked out of them. B-Block (18:18) POSTSCRIPTS TO THE NEWS: Capitol Police confirm what I guessed at: they not only NEVER saw the Tucker Carlson January 6 Gaslighting Video but they were tricked by Speaker McCarthy and Rep. Bryan Steil into setting up a viewing station the cops thought was for Congressman but was actually for Fox "News." (20:49) IN SPORTS: The World Baseball Classic has a problem and it's not just the injuries to Jose Altuve and Edwin Diaz. Why insurance may cancel or reschedule the next WBC. And a bigoted NHL goalie ruins another pride night, but with a twist: He says he can't be a Homophobe because one of his best friends is Muslim. (29:43) THE WORST PERSONS IN THE WORLD: Kayleigh McEnany tries to say "Ingraham Angle" while guest hosting the show. It goes poorly. The weakest flex ever by a failed candidate for governor. And does Senator Marsha Blackburn sound like an escapee from every 1987 TV Magazine Show special on streamlining your style? That's because she IS - and there's proof. C-Block (40:00) EVERY DOG HAS ITS DAY: Nacho in Brooklyn (44:40) THINGS I PROMISED NOT TO TELL: Now it's The New York Times burying CNN's Chris Licht. I'd just like to point out I started the Moby-Licht ball rolling, and I should tell you the tale of how when we worked together at MSNBC he was infamous as Joe Scarborough's henchman who tried to interfere with Maddow's show and Matthews' and mine and get preferential coverage for Joey Scars' buddies.See omnystudio.com/listener for privacy information.

EPISODE 138: COUNTDOWN WITH KEITH OLBERMANN A-Block (1:42) SPECIAL COMMENT: Only Marjorie Taylor Greene would be stupid enough to demand a "national divorce" in which the United States "separates by red states and blue states" - when SHE LIVES IN A BLUE STATE. But then again, what do you expect? She was raised on a diet of Fox News. Speaker McCarthy has now unilaterally handed over 41,000 hours of 1/6 Capitol Security Video to Tucker Carlson and Carlson can now provide a roadmap to the next seditionists on how to avoid security while also gaslighting the story of 2021. Last week, we learned of the astonishing cynical manipulation of America by Carlson, Laura Ingraham, Sean Hannity and the others, who didn't believe a word of the denialist crap they sold the country. Between those two stories it's time for the country to act to de-platform and close down Fox News as a clear and present danger to the future of the United States of America. The Department of Justice needs to seek a Restraining Order to keep Fox from manipulating the video McCarthy gave it. I've been arguing since 1998 that Fox News was a mortal peril. Since 2007 I've said it was more damaging to this country than Al-Qaeda has been. We must shut them down the way we shut down Big Tobacco and Big Pharma. B-Block (23:15) POSTSCRIPTS TO THE NEWS: Moscow commentators react to Biden's trip to Kyiv: "We should've blown him up." Flaco leaves the nest. Adams schools DeSantis. (26:51) THE WORST PERSONS IN THE WORLD: All she did was tap the balloon. But it wasn't a balloon, it was a $42,000 ceramic sculpture and it crashed to the floor. The Texas School Superintendent whose gun was found by a 3rd Grader. And CNN owner John Malone has to admit one of two things: that after the Don Lemon debacle, Chris Licht is a complete failure, or he hired Chris Licht BECAUSE he'd be a complete failure. C-Block (33:45) EVERY DOG HAS ITS DAY: Mr. JoJo in Shreveport (34:45) THINGS I PROMISED NOT TO TELL: The influence of Fox News and the belief by some of its hosts like Carlson that they are in fact running this country is in large part the result of mainstream media negligence. In 2009, Fox tried to avenge itself against me by attacking GE's Chairman and he folded up because his mother was a Bill O'Reilly viewer and she saw what O'Reilly said and called up her son and yelled at him.See omnystudio.com/listener for privacy information.

EPISODE 124: COUNTDOWN WITH KEITH OLBERMANN A-Block (1:41) SPECIAL COMMENT: At a time when the all the forces that can be brought to bear against democracy, against diversity, against more voters more often in more convenient ways, are being brought; when the liberal viewpoint on cable news has never more important, has never been under greater threat from both market-forces and more transparent fascism; when the premise of such 24/7 coverage has never been closer to extinction, the people running the last surviving liberal and moderate outlets have the solution to the crisis: MSNBC will give you more Matt Gaetz and Lauren Boebert guest hits, and CNN is going to bring you, in prime time, once a week... Gayle King!  B-Block (22:37) EVERY DOG HAS ITS DAY: Akira in New York (23:36) POSTSCRIPTS TO THE NEWS: Oh, NOW CBS reports that days after Biden's lawyers first found documents, they invited the FBI to search the Think Tank; Santos recusing from committees; McCarthy thinks this'll give him time to "clear things up" LOL; Military Coup in Moscow? And self-referential news: a million downloads in one month! (26:56) IN SPORTS: When you're turning to Hope Hicks to help your image, your image is in baaaaad shape. And that 13-year old Women's Basketball JV player? She was just a little old (30:16) THE WORST PERSONS IN THE WORLD: Jesse Watters accidentally speaks the truth, the Schlapp victim sues again, and actress Andrea Riseborough gets away with it. C-Block (34:48) THINGS I PROMISED NOT TO TELL: 16 years ago, then Senator Joe Biden invited me to lunch to ask my advice. About what? What did I care? He asked for my ADVICE! Actually it was about converting anger into righteous indignation and I take no credit for this but I will ask you: when was the last time you heard somebody throw the old charge at him that he's a "hot head?"See omnystudio.com/listener for privacy information.

Just skim the career path of my first guest for Season 2 of Insider Interviews and you'll understand why it was worth the wait of my past year on hiatus: It's Jarl Mohn, former President and CEO of NPR...and E! Entertainment Television, the network he also created! Jarl's career includes being hand-picked by former radio buddy, Bob Pittman (currently CEO of iHeart Media), to be the first EVP/GM of MTV and VH1. He also spent many years on the boards of The Annenberg School of Communication and Journalism, the EW Scripps Company and Scripps Networks, and KPCC Southern California Public Radio where he honed his love of public radio. And, while Jarl hung up his pundit placard to focus on hanging art as he and his wife Pamela endow museums and support emerging artists, his 50+ years in media and venture capital have taught him a thing or two about content and management. He shares 35 minutes of brilliance and humility -- from how his years in foster care sparked an escape route to radio, how quality will separate winners and losers in today's content wars, and how art can literally change the way we think. We go head to, literally, toe on the big picture of media, right down to why his face is on my feet. Yeah, you'll have to keep listening for that one. Or watch the video on YouTube, since good content should span all platforms! The following is a highly edited transcript, including a multitude of links to important resources mentioned. Career Path – Radio to Television E.B.: Jarl, you were my first boss in the cable industry. You started E! Entertainment Television and I was there in the Greg Kinnear and Howard Stern days. Can you share a little chronological route to your career? Jarl: I began my career as a disc jockey when I was 15 years old. I ended up ultimately, in New York at WNBC doing afternoons when I was 25 then got into the programming side of the business, became a general manager and  bought some radio stations. Then one of the people I had worked with at WNBC, Bob Pittman, hired me, along with Tom Preston at MTV and VH1. So, I got into the cable TV business. Then in 1986 we created E! Entertainment Television. I did a stint with John Malone at Liberty Media as CEO of Liberty Digital, which was used to invest in internet companies and some interactive companies. Then venture capital /early stage angel investing for about 16 years. And then I had been involved in public radio in Los Angeles as a board member of KPCC and had the opportunity to become CEO of NPR nationally, for about six years. I finished up my tour of duty in 2019 and returned to Los Angeles. Radio as Escape from Foster Care EB: You shared with me that you had been in a group home in foster care .... Jarl: It was a very difficult thing to experience. I spend some time with foster youth and young adults in Los Angeles County now and have a chance to talk to a number of them. Almost every one, using different language, wants to know how we survived our PTSD or our trauma. ...I hated my existence in that children's home so much that I discovered radio and listened to it nonstop and fantasized about being one of those cool disc jockeys. So, when I got out at 15, I had a chance to go to engineering school, get my FCC license and began working at a radio station. EB: Radio is, of course we talk about it as theater of the mind. I just read an amazing memoir called A Place Called Home by David Ambroz, who actually works at Amazon now, and overcame similar challenges. You both remind us how we all need to support youth so much better and try to improve that world. The Art of Listening EB: Jarl, I knew you when you still used your DJ name, Lee Masters...I remember you would regularly walk the halls of E! Entertainment Television, chatting with every employee, every day. That meant the world to everyone I'm still part of the past-employee Facebook group. I even did an episode last season of Insider Interviews with Darren G.

A-Block (1:44) SPECIAL COMMENT: It is amazing but true: the coverage of the Biden document story by Fox News has been more restrained and responsible than has CNN's. The desperate attempt to position the Think Tank Papers story  as one that - in the words of a CNN commentator - "almost exonerates" Trump, continued last night. The raw numbers are startling: between 5 and 11 PM ET Monday, MSNBC gave the story 14 minutes, Fox News gave it 29 minutes, and CNN gave it 107 MINUTES. Three and a half times as much as Fox! And the worst perpetrator of CNN's willingness to literally lie to its viewers has been Anderson Cooper. The first words out of his mouth last night were how quote “President Biden's first public statement on the classified documents uncovered at his former private office” were 'breaking news.' I suggested in real time that if Cooper had any remaining self-respect he would quit before his program was over. He didn't. He doesn't. There is much more than money to what CNN's new fascist troika - Chris Licht, David Zaslav, and John Malone - is doing. This is the Clinton-Lewinsky night-after-night brainwash play: convince America that if Biden is not guilty, Trump is not guilty. And having sold their souls, they will keep pushing this as long as we don't stop them. B-Block (18:45) THE WORST PERSONS IN THE WORLD: Poor Mike Pompeo couldn't get anybody to blurb his book so he had to do it himself. He competes with a climate denier who insists if we reinstate wind power we will automatically reinstate The Atlantic Slave Trade, and the nimrods like Tomi Lahren who complained that Ukraine's president went to Hollywood for the Golden Globes last night - even though he didn't. (23:58) THINGS I PROMISED NOT TO TELL No. 1: The perfidy of using cable news to brainwash didn't start with Chris Licht. I was there the day the Chairman of GE was ready to shut down MSNBC because his Mommy the Bill O'Reilly fan believed her son was building IEDs to kill America because Fox told her so. C-Block (41:55) THINGS I PROMISED NOT TO TELL No. 2: My first experience with the ad salesmen who pretend to be cable's journalistic decision-makers came even before my first MSNBC show in 1997. That's when the big meeting with the man Microsoft thought shared editorial control of MSNBC was to meet with me, and NBC's execs were worried about only one thing: how effectively I ignored him.See omnystudio.com/listener for privacy information.

EPISODE 87: COUNTDOWN WITH KEITH OLBERMANN A-Block (1:45) SPECIAL COMMENT: There is no such thing as being "slightly Nazi" and that is the reason, Donald Trump, Elon Musk, The House Judiciary Republicans, Tucker Carlson, Paul Gosar, Greg Gutfeld, Benny Johnson, Jeanine Pirro, Will Cain, and Jason Whitlock, you do not excuse and rationalize and defend somebody who had only said relatively minor antisemitic things. Because one day they will announce "I see good things about Hitler" and "I love Nazis." (12:44) As a gentile of largely German heritage I learned this lesson when I was a kid, the day my Dad came back having stormed out of a final interview for a great job because the directors really wanted to be reassured he wasn't Jewish. "It is always there," he said. "It is always beneath the surface. And often as we think we have gotten rid of it for good, still it is there. And I've had to fight it. And I had to fight it today. And YOU'LL have to fight it tomorrow." Because - there IS no such thing as being "slightly Nazi." B-Block (18:46) EVERY DOG HAS ITS DAY: Jupiter in New York (19:39) POSTSCRIPTS TO THE NEWS: Senate abandons Rail Workers, Herschel Walker threatens and hallucinates again, and CNN fires Chris Cillizza - and why that's bad news for Joe Biden! (23:09) IN SPORTS: Chaos after Germany is eliminated at the World Cup, and the passing of baseball spitball - and NON-spitball - pitcher Gaylord Perry (24:55) THE WORST PERSONS IN THE WORLD: New York City hiring a "Citywide Director of Rodent Mitigation" competes with Herschel, and ABC's Amy Robach for the honors. C-Block (29:22) FRIDAYS WITH THURBER: One of the very few times the great humorist dipped a toe in the world of the occult: how Thurber's imagination turns an accent into a man who "traffics with the devil" in "The Black Magic Of Barney Haller."See omnystudio.com/listener for privacy information.

EPISODE 86: COUNTDOWN WITH KEITH OLBERMANN A-Block (1:44) SPECIAL COMMENT: Three weeks ago - so quietly it has barely been noticed - the government declassified the 31-page "memorandum for the record" of the 9/11 Commission's 2004 interview with President George W. Bush (2:20) In it, Bush's words are beyond damning - they are confessional. They confirm his dereliction of duty, his culpability, his malfeasance, in the months before 9/11. Bush lied (5:38) about the August 6 President's Daily Briefing (6:58) Bush lied about the only threats being "overseas" (7:53) Bush lied about Al-Qaeda cells in the U.S. (8:23) Bush lied about aircraft as missiles (8:57) Bush lied about being warned about domestic threats (9:30) Bush lied about George Tenet never warning him (10:00) Bush lied about never being told how Al-Qaeda would attack (14:28) Sadly the 9/11 Commissioners never asked Bush about the allegation that he rushed through the August 6 2001 PDB because he wanted to go fishing and told the briefer "All right, you've covered your ass now." That's unfortunate because ALL Bush did in his interview with the Commissioners was try to cover HIS ass. For more than 20 years he's succeeded, but after the declassification of this memorandum, history will conclude two things: Osama Bin Laden attacked America - no one else. And George W. Bush made sure that America was unprepared - no one else. B-Block (19:29) EVERY DOG HAS ITS DAY: Lucky in California (20:21) POSTSCRIPTS TO THE NEWS: McCarthy promises a committee to investigate the 1/6 Committee - IF he can get elected; and after promising no layoffs, CNN's Chris Licht lays off hundreds (22:26) IN SPORTS: How IS Pele? And Don Mattingly's new job and why whenever he sees me he says "That's Mel on the right!" (25:25) THE WORST PERSONS IN THE WORLD: The man who ignored the warning 'never drink while playing Monopoly' and the gullible website Semafor compete with Elon "I Lied About Apple" Musk for the honors. C-Block (29:31) 37 years ago this month I was new in L.A. and on my way to a great interview with baseball immortal Mickey Mantle. That's when I ran into the most elegantly dressed couple I have ever seen in my life. They were fans of my new local sportscast, and they introduced themselves as Joseph and Patricia Carlton. But who WERE they and why he look SO familiar? An amazing explanation in "Things I Promised Not To Tell."See omnystudio.com/listener for privacy information.

EPISODE 85: COUNTDOWN WITH KEITH OLBERMANN A-Block (1:45) SPECIAL COMMENT: Kevin McCarthy says: "Stop Picking On Elon Musk!" FINALLY, because two of the worst Republican politicians shot off their big bazoos, we get a clue as to what Musk is doing to Twitter. He's running the same play on it that John Malone ran on CNN: (4:02) see the platform that permits criticism of fascists, buy the platform, claim you only want to make it again into "sensible and centrist" media, shift the Overton Window as far right as you can, and turn it into radical right propaganda.(7:46) After Musk's self-martyring battle with Apple, his next fight may come from Google. Axios reports Google is "monitoring developments" on the lack of content moderation at Twitter and could remove the App from its Google Play Store (11:25) What specific political rewards Musk should be expecting is still unclear but to hear Kevin McCarthy and Ron DeSantis whine about it, you'd think Musk had been kidnapped by pirates. DeSantis went so far as to suggest that if Apple removes Twitter from its App Store, Congress should "respond." B-Block (17:35) EVERY DOG HAS ITS DAY: Meatball, in Staten Island (18:33) POSTSCRIPTS TO THE NEWS: Senate passes Same-Sex Marriage, House to take up Paid Leave for Railroad Workers, Stewart Rhodes convicted, Trump still avoids condemning Nick Fuentes (20:49) IN SPORTS: World Cup Win, Golf War could end if they fire Greg Norman, Joey Votto beaten by 9-year old (22:55) THE WORST PERSONS IN THE WORLD: So, yeah, I ate a box of Reese's Peanut Butter Cups without taking off the brown wrappers - of course this was in 1966. I compete with Herschel "Texas Ranger" Walker and Marjorie "Masks Can't Stop Farts" Greene for the honors. C-Block (29:30) THINGS I PROMISED NOT TO TELL: It's roughly the anniversary of the day I got a call about how they were going to fire Jimmy Kimmel and could I replace him? It's not exactly what it sounds like - I'll explain.See omnystudio.com/listener for privacy information.

What I learned from reading What I Learned Before I Sold to Warren Buffett: An Entrepreneur's Guide to Developing a Highly Successful Company by Barnett Helzberg Jr.This episode is brought to you by: Tiny: The easiest way to sell your business. Quick and straightforward exits for Founders. Capital: Banking built for Founders. Raise, hold, spend, and send—all in one place. Tegus is a search engine for business knowledge that's used by Founders, investors, and executives. Subscribe to listen to Founders Daily (my new daily podcast)[5:00]  Then, right there on the sidewalk I told one of the most astute businessmen in America why he ought to consider buying our family's 79-year-old jewelry business."I believe that our company matches your criteria for investment, I said. To which he replied, simply, "Send me the information. It will be confidential.”My conversation with Buffett lasted no more than half a minute.[8:00] My dream buyer for the family business all along was Warren Buffet.[11:00] "This can be the fastest deal in history," Buffett said."But what about due diligence?" I asked, surprised at how fast the negotiations were moving.Most suitors demand to see every scrap of paper you've ever generated and to interview every top manager.That wasn't Buffett's way. "I can smell these things, Buffett said. "This one smells good.”[12:00] First A Dream by Jim Clayton. (Founders #91)[13:00] Buffett on his management technique: “Managers run their own shows.They don't have to report to central management. When we get somebody who is a .400 hitter we don't start telling them how to swing.”[14:00] I was always taught that many, many people were out there developing ideas I could use. I have found that to be true throughout my life. These thoughts and ideas have all been borrowed or stolen from many wise people.Think of the world as your garden of marvelous people and ideas with unlimited picking rights for you.[17:00] Cable Cowboy: John Malone and the Rise of the Modern Cable Business by Mark Robichaux. (Founders #268)[23:00] Despite missteps, entrepreneurs are a special breed who do not give up on the larger goals.[24:00] It's not hard to express the quality we're looking for in metaphors. The best is probably a running back. A good running back is not merely determined, but flexible as well. They want to get downfield, but they adapt their plans on the fly. — Relentlessly Resourceful by Paul Graham[25:00] Entrepreneurs are driven to succeed. They possess an almost naive belief that nothing can stand in their way, they are mentally deaf to those who belittle their chances, they love to compete, and they have the skills of broken field runners who take the bumps and bruises along the way, change course when necessary, and stay focused on the goal.If this is not you, don't try to fool yourself. It's not worth it.Thinking you can start your own business or wanting to be your own boss, just because you hate your job, when you really have no desire or stamina to go it on your own, is courting disaster. Where there is no real will, there is no way.Some people are more  enamored by the concept than the reality. They would rather contemplate the beauty of the mountain from the base.The entrepreneur wants to climb the mountain first, briefly appreciate the gorgeous vistas from the summit, and then find the next mountain. If you possess this obsession of seeing your own creative notions succeed and are willing to pay the price, then you have no choice but to pursue the life of an entrepreneur.[29:00] He taught us to concern ourselves only with those things over which we have control.I thought he was unique in this until I realized this is one of the key common traits of highly successful people.Those folks are never victims; they take what comes and handle the situation. The rest is a waste of time.[30:00] Upgrade the herd annually: "You make more money closing bad stores than opening new ones.”His philosophy made sense. We decided we would rather spend time and effort on a $4.5 million store that could ultimately achieve annual sales of $6 million than on a lower-volume store with less potential.[32:00] Focus is your lever to success.Do not underestimate the incredible amount of mental discipline it takes to focus yourself and your teammates. Wonderful alternatives and seductive opportunities abound and temptations to go in multiple directions are unlimited.Commit yourself to be the best, define what that means, and focus on the head of that pin like no one in your industry.[32:00] Estee Lauder was a master at doing things don't scale. — Estée Lauder: A Success Storyby Estée Lauder. (Founders #217)[33:00] To be successful, have your heart in your business, and your business in your heart. —Thomas Watson The Maverick and His Machine: Thomas Watson Sr. and The Making of IBM by Kevin Maney (Founders #87)[38:00] Only a fool tests the depth of the water with both feet. —African Proverb[40:00] Some of our partners created an inhospitable climate for customers. Some posted negative signs.At one store a manager hung a sign in red warning customers that they would be charged a steep fee if they bounced a  check. It said, "The bank doesn't make copies and we don't cash checks." That really got me boiling.I jumped up on the counter and ripped it down as customers and coworkers looked on, amazed. That may sound extreme, but I needed to make the point in a memorable way. I didn't want signs like that staring our customers in the face.I told our coworkers that the occasional hit we took for a bounced check cost far less than what we lost-and couldn't quantify-by creating a subtly hostile atmosphere. —Copy This!: How I turned Dyslexia, ADHD, and 100 square feet into a company called Kinkos by Paul Orfalea.[42:00] Nearly any action or communication means far more when done urgently.Trust only movement.[42:00] One person with a belief is equal to a force of ninety-nine who have only interests. —John Stuart Mill[43:00] None of this works if you can't trust your own judgement.[46:00] This reservoir of knowledge and human experience creates tremendous opportunities and advantages for you as an entrepreneur. You are heir to the discoveries of many entrepreneurs who skinned their shins trying something new. It is likely other  entrepreneurs before you have experienced the same challenges and problems, and found ways to surmount them.[47:00] You have the experiences of thousands of experts and mentors at your fingertips.[47:00] The incredible, wonderful, and unavoidable truth is that seeking the help of others can put you light years ahead of other people who beat their heads against the wall trying to reinvent the wheel[48:00] I've never found anybody that didn't want to help me if I asked them for help. I called up Bill Hewlett when I was 12 years old. He answered the phone himself. I told him I wanted to build a frequency counter. I asked if he had any spare parts I could have. He laughed. He gave me the parts. And he gave me a summer job at HP working on the assembly line putting together frequency counters. I have never found anyone who said no, or hung up the phone. I just ask. Most people never pick up the phone and call. And that is what separates the people who do things, versus the people who just dream about them. You have to act. —Steve Jobs[53:00] "Max kept repeating, 'As hire As. Bs hire Cs. So the first B you hire takes the whole company down." — The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley by Jimmy Soni.[54:00] “The greatest thing you can do for your competition—hiring poorly.” —Bill Gates[59:00] I wish that I had known sooner that if you miss a child's play or performance or sporting event, you will have forgotten a year later the work emergency that caused you to miss it. But the child won't have forgotten that you weren't there.—I use Readwise to organize and remember everything I read. You can try Readwise for 60 days for free https://readwise.io/founders/—Subscribe to listen to Founders Daily—“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

Chris Licht faces an uphill battle at CNN. He got the CEO gig in the midst of a prickly merger between Warner Bros. and Discovery and right after the shocking exit of beloved long-time boss, Jeff Zucker. In his first six months, he's shut down CNN+, ousted Brian Stelter, and shuffled anchors around, including Don Lemon and Jake Tapper. This week, the network chief held an internal town hall meeting where he faced a staff of thousands and discussed upcoming layoffs. Shortly afterwards, he sat down with Kara — who grilled him, of course. She asks Licht whether he has any real actual power or if he's simply executing orders from Warner Bros. Discovery CEO David Zaslav — who is in search of cuts, as the company stares down the barrel at $50 billion in debt — and billionaire board member, John Malone, who has said he'd like to see more “centrist” programming from CNN. They discuss Licht's vision for the newsroom, his plan to build trust with journalists who fear losing jobs, and how CNN will cover Donald Trump during the 2024 election. Before the interview, Kara and Nayeema discuss the challenges facing journalism in an era of disinformation. Stay tuned for Kara's closing rant on “citizen journalism” and Elon's latest broadside against the press. You can find Kara and Nayeema on Twitter @karaswisher and @nayeema. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Chris Licht faces an uphill battle at CNN. He got the CEO gig in the midst of a prickly merger between Warner Bros. and Discovery and right after the shocking exit of beloved long-time boss, Jeff Zucker. In his first six months, he's shut down CNN+, ousted Brian Stelter, and shuffled anchors around, including Don Lemon and Jake Tapper. This week, the network chief held an internal town hall meeting where he faced a staff of thousands and discussed upcoming layoffs. Shortly afterwards, he sat down with Kara — who grilled him, of course.  She asks Licht whether he has any real actual power or if he's simply executing orders from Warner Bros. Discovery CEO David Zaslav — who is in search of cuts, as the company stares down the barrel at $50 billion in debt — and billionaire board member, John Malone, who has said he'd like to see more “centrist” programming from CNN. They discuss Licht's vision for the newsroom, his plan to build trust with journalists who fear losing jobs, and how CNN will cover Donald Trump during the 2024 election.   Before the interview, Kara and Nayeema discuss the challenges facing journalism in an era of disinformation. Stay tuned for Kara's closing rant on “citizen journalism” and Elon's latest broadside against the press. You can find Kara and Nayeema on Twitter @karaswisher and @nayeema. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Carl Quintanilla, Jim Cramer and David Faber discussed the markets falling on rate hike and growth concerns.St. Louis Fed President James Bullard said a 5% to 7% Fed funds rate might be necessary to combat inflation. David was at Liberty Media Investor Day. In his exclusive interview with company chairman and legendary cable mogul John Malone, they discussed everything from the future for Warner Bros. Discovery to streaming and sports media rights. Also in focus: New FTX CEO John Ray blasts the collapsed crypto exchange's "complete failure of corporate controls" in a bankruptcy court filing, J.P Morgan predicts a mild U.S. recession in 2023, earnings from the likes of Nvidia, Cisco, Alibaba and Macy's, plus David's interview Liberty Media CEO Greg Maffei.

EPISODE 46 A-Block (1:46) SPECIAL COMMENT: Trump just convicted himself of Obstruction of Justice. (2:50) The big debate within DOJ about charging him is about "consciousness of guilt." Could he have NOT known he had illegal possession of documents (including one detailing the nuclear capabilities of another nation)? If as The Washington Post reports, he actually packed the boxes himself, he knew - and the debate is over. (3:45) And to make it worse, he tried to suborn perjury, to get his attorney to sign a document in February saying he had returned all the documents (4:38) Which could lead to a conspiracy, since he DID get another attorney to sign the same kind of document in June (5:36) An entirely separate second path of Obstruction and Conspiracy was opened by his conversation with Maggie Haberman about the Kim Jung-Un letter (7:12) All of which explains the timing of his suit against CNN (8:45) And his threat to sue the 1/6 Commission, which may register in only one place: (9:00) CNN, where Chris Licht and John Malone have spent six months brown-nosing Conservative politicians in hopes that the leopards wouldn't eat THEIR faces. B-Block (13:17) EVERY DOG HAS ITS DAY: Whisper (14:20) POSTSCRIPTS TO THE NEWS: It's one thing to be anti-abortion and to have a news organization prove you paid for a girlfriend's abortion, but it's quite another, Herschel Walker, to then be repudiated in public by your own son. Plus the Oaf Keepers' trial starts (18:06) IN SPORTS: Albert Pujols yes, Aaron Judge no; Monday Night Football fan flattened; National Women's Soccer League devastated by new report of coach corruption (20:50) THE WORST PERSONS IN THE WORLD: Scott Jensen and Kim Kardashian compete with a Twitter Karen who can't tell the Pennsylvania Senate from a minor league baseball team. C-Block (25:19) THINGS I PROMISED NOT TO TELL: The day I met actor Walter Matthau, his improbable hobby of vocal impersonations, and the kindness he extended me that was so extraordinary that though it was the only time I met him, when he died years later, I burst into tears.See omnystudio.com/listener for privacy information.

What I learned from reading Am I Being Too Subtle?: Straight Talk From a Business Rebel by Sam Zell.--Support Founders' sponsors: Tiny: The easiest way to sell your business. Quick and straightforward exits for Founders. andTegus is a search engine for business knowledge that's used by founders, investors, and executives. It's incredible what they're building. Try it for free by visiting Tegus.and Get 60 days free of Readwise. It is the best app I pay for. I couldn't make Founders without it. [6:37] I have an embedded sense of urgency. What I can't figure out is why so many other people don't have it.[6:50] I was willing to trade conformity for authenticity.[8:26] Problems are just opportunities in work clothes.  —Henry J. Kaiser: Builder in the Modern American West by Mark Foster. (Founders #66)[9:36] Once I have formed my opinion, I have to trust my perspective enough to act on it. That means putting my own money behind it. My level of commitment is usually high. And I stay with my decision even when everyone is telling me I'm wrong, which happens a lot.[10:37] Long term relationships reflect the most important lesson imparted to me by my father. He taught me simply how to be. He often told me that nothing was more important than a man's honor. A good name. Reputation is your most important asset.[11:10] When I was younger my career competed with my role as a husband and father and my career often won.[11:37] Childhood does not allow itself to reconquered. — Leading By Design: The Ikea Story (Founders #104)[12:20] The personality types that stay in the game for as long as Sam has —and he's been in the game for 50 years — usually describe entrepreneurship as a calling and an obsession.[12:35] The great thing about entreprenuership is that you get to spend your time building something you enjoy. Most people don't get to do this. They are stuck in jobs they hate. I had the time of my life. —Sam Walton: Made In America by Sam Walton. (Founders #234)[13:29] Business is not a battle to be waged — it's a puzzle to be solved.[14:33] Optimize for irreverence.[16:54] Swimming Across by Andy S. Grove (Founders #159)[18:11] His family narrowly escapes the Holocaust: His train arrived at 2:00 p.m. It was a ten minute walk home and when he got there he told my mother to pack what she could carry; they were boarding the 4:00 train out that afternoon.[19:21] Every year for the rest of their lives they celebrated the date of their arrival with the toast to America. My sister and I grew up keenly aware of how fortunate we were to be in this country.[15:58] You've got to understand that the world is a hard place.[19:13] My tendency to go against conventional wisdom would later end up defining my career.[26:55] Sam Zell — Strategies for Investing, Dealmaking, and Grave Dancing on The Tim Ferriss Show[27:25] It just never occurred to me that I couldn't do it.[28:42] Indifference to rejection is a fundamental part of being an entrepreneur.[31:59] It was at this point in my career that I fully realized the value of tenacity. I just had to assume there was a way through any obstacle, and that I'd find it. This is perhaps my most fundamental principle of entrepreneurship, and to success in general.[33:44] Difference for the sake of it. —James Dyson Against The Odds: An Autobiography by James Dyson (Founders #200)[35:58] I was going to do what I love doing and I wasn't going to be encumbered by anyone else's rules.[40:35] What I find fascinating is just how many of these ideas that he got from a older, more experienced entrepreneur, that he used for the rest of his life.[41:36] Larry Ellison episodes:Softwar: An Intimate Portrait of Larry Ellison and Oracle by Matthew Symonds (Founders #124)The Billionaire and the Mechanic: How Larry Ellison and a Car Mechanic Teamed up to Win Sailing's Greatest Race, the America's Cup, Twice by Julian Guthrie (Founders #126)The Difference Between God and Larry Ellison: God Doesn't Think He's Larry Ellisonby Mike Wilson (Founders #127)[41:59] Like most oracles, Wasserman gave an opinion that was simple and sensible (but unambiguously presented, thank goodness). “It is not prudent,” replied Wasserman, “to ask people to change their nightly viewing habits. Once they are used to tuning in a given channel, they find it hard to make the move, no matter how good an alternative is being provided elsewhere.” Was that it? All of our thinking and talking and arguing and agonizing came down to the belief that Americans won't change the dial? Wasserman's advice sealed our decision.— Johnny Carson by Henry Bushkin. (Founders #183)[43:55] Zeckendorf: The autobiograpy of the man who played a real-life game of Monopoly and won the largest real estate empire in history by William Zeckendorf.[47:27] The captain of a Ludwig ship made the extravagant mistake of mailing in a report of several pages held together by a paper clip. He received a sharp rebuke: "We do not pay to send ironmongery by air mail!" — The Invisible Billionaire: Daniel Ludwig by Jerry Shields.[51:32] There's no substitute for limited competition. You can be a genius, but if there's a lot of competition, it won't matter. I've spent my career trying to avoid its destructive consequences.[52:32] Cable Cowboy: John Malone and the Rise of the Modern Cable Business by Mark Robichaux (Founders #268)[55:20] What do you do? I'm a professional opportunist.[59:31] A mantra that I would repeat regularly for decades to come: Liquidity equals value.[1:07:59] I have always believed that every day you choose to hold an asset, you are also choosing to buy it. Would I buy our buildings at the price Blackstone was quoting? Nope.[1:12:29] Fast decision making and autonomy had become like oxygen to him.—“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

THIS IS VICHY CNN A-Block (1:37) SPECIAL COMMENT: Apropos of the Vichy CNN shake-up yesterday that saw Chris "Ate Paste" Licht reward Jake Tapper after he defended the "Special Master" ruling and attacked those on MSNBC who attacked CNN's biased analysis, and rewarded Alisyn Camerota for questioning whether what Ron DeSantis did to the asylum-seekers in Texas could really be kidnapping because they were treated so well by their rescuers in Martha's Vineyard, let's look again at the beginning. When Licht fired Brian Stelter and cancelled "Reliable Sources," we didn't know he had also already fired John Harwood. When I knew him at MSNBC, Licht was Joe Scarborough's hatchet-man. And now he's John Malone's. This... is Vichy CNN. B-Block (19:57) SPECIAL COMMENT: Would that it were exclusive to CNN. It's not. Every news outlet in the country has had "the" meeting: 'If this country goes fully fascist, how do we protect our profits?' The meetings began at MSNBC in 2006 - and they have never stopped. I told that story in the first episode of this series and it's worth revisiting it in the context of the collapse in the only ratings measurement that counts in television: viewers aged 25-54. These ratings at MSNBC, CNN, and Fox News are as low as they've been in 20 years, and MSNBC's newest show has settled in nicely into last place in prime time in the category. The fear of offending Right Wingers will kill the profits of cable news long before fascist oppression can. C-Block (38:38) SPECIAL COMMENT: With a little perspective, the obsession of CNN and other right wing media with the presence of two marines in the background of President Biden's Philadelphia speech about the threat posed by MAGA-Republicans, seems ridiculous and futile. EVERYTHING they've done since has served merely to prove that the president was right; contrast what Biden said in Philadelphia to the Q-Anon references and Q-Muzak and mass fascist salutes and stochastic calls to violence that Trump presented in Youngstown.See omnystudio.com/listener for privacy information.

What I learned from reading Cable Cowboy: John Malone and the Rise of the Modern Cable Business by Mark Robichaux.--Support Founders' sponsors: Tegus is a search engine for business knowledge that's used by founders, investors, and executives. It's incredible what they're building. Try it for free by visiting Tegus.and Sam Hinkie's unique venture capital firm 87 Capital. If i was raising money and looking for a long term partner Sam is the first person I would call. If you are the kind of founder that we study on this podcast and you are looking for a long term partner go to 87capital.comand Get 60 days free of Readwise. It is the best app I pay for. I couldn't make Founders without it.--[8:00] Thread of highlights from Cable Cowboy by @Loadlinefinance[8:31] Malone was stalwart about building long term value through leveraged cash flow. Earnings didn't count. He wasn't constrained by quarterly expectations.[8:53] Malone built the pipes, then bought the water that flows through them.[9:12] Malone took spartan operations to another level. Absolutely no bureaucracy. No waste. We don't believe in staff. Staff are people who second-guess people.[9:40] Malone averaged one M&A deal every two weeks over 15 years. That's insane. These guys were slinging billion dollar deals like bowls of breakfast cereal.[10:02] One of the best parts of the book is Robichaux's exploration of Malone's complex personality. It's not just a fawning glow piece.[10:46] The beginning of industries are always filled with cowboys, pirates, and misfits.[12:05] This book— by far — has been the most requested book for me to cover on Founders for years.[12:51] Founders episodes on Andrew Carnegie:Meet You In Hell: Andrew Carnegie Henry Clay Frick, and the Bitter Partnership That Transformed America by Les Standiford. (Founders #73)The Autobiography of Andrew Carnegie by Andrew Carnegie. (Founders #74)Founders episodes on JP Morgan:The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance by Ron Chernow (Founders #139)The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism by Susan Berfield (Founders #142)[14:37] Mavericks Lecture: John Malone[15:04] Two Rockefeller podcasts:Titan: The Life of John D. Rockefeller by Ron Chernow (Founders #248)John D: The Founding Father of the Rockefellers by David Freeman Hawke (Founders #254)[18:45] Bob when recruiting John: You've got a great future here. If you can create it.[19:32] Malone's top executives were rough riders.[20:49] In 1972 TCI had $19 million in annual revenue and its debt load was an obscene $132 million.[21:49] Magness learned to listen instead of talk.Successful people listen. Those who don't listen, don't survive long. —Michael Jordan Driven From Within by Michael Jordan and Mark Vancil (Founders #213)[24:41] That $2,500 loan turns into hundreds of millions of dollars for his grandsons.[25:47] New employees were asked can you walk 10 miles in 10 below zero weather?[26:42] The cable companies hardly paid any taxes because of the high depreciation on the equipment.[28:24] He skimmed the company's numbers, looked up at Betsy and blurted out, I'm gonna hire the smartest son of a bitch I can find.[30:55] Francis Ford Coppola: A Filmmaker's Life by Michael Schumacher (Founders #242)[32:26] Once you make a guy rich don't expect him to work hard. Very unusual people do that.[33:24] You can identify an opportunity because you have deep knowledge about one industry and you see that there is an industry developing parallel to the industry that you know about. Jay Gould saw the importance of the telegraph industry in part because telegraph lines were laid next to railraod tracks.Edison: A Biography by Matthew Josephson (Founders #267)Dark Genius of Wall Street: The Misunderstood Life of Jay Gould, King of the Robber Barons by Edward J. Renehan Jr (Founders #258)[35:24] 1. You raise money so you can increase production. 2. Use your increased production to get better rates on transportation than other refiners. 3. Use your increased profits —because you have better transportation —to buy your competitors. 4. You continue to find secret sources of income. — John D: The Founding Father of the Rockefellers by David Freeman Hawke (Founders #254)[36:40] Malone thinks about his industry more than anyone else.[38:07] He blundered early by suggesting in a meeting that Amazon executives who traveled frequently should be permitted to fly business-class. Jeff slammed his hand on the table and said, “That is not how an owner thinks! That's the dumbest idea I've ever heard.”  — The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone (Founders #179)[38:58] Our experience has been that the manager of an already high-cost operation frequently is uncommonly resourceful in finding new ways to add to overhead, while the manager of a tightly-run operation usually continues to find additional methods to curtail costs, even when his costs are already well below those of his competitors. — Berkshire Hathaway Letters to Shareholders 1965-2018 by Warren Buffett (Founders #88)[40:24] FedEx was fearful the bank would try to seize the mortgaged planes. The bank had a young officer keeping track of the situation. Every time he showed up at the airport, we would radio the planes not to land. It was all very touchy. — Overnight Success: Federal Express and Frederick Smith, Its Renegade Creator by Vance Trimble (Founders #151)[41:14] How John described this point in his career: I'm the head of a little pipsqueak company in debt up to its ass, a couple million dollars in revenue, and not credit worthy to borrow from a bank. We're barely making it.[42:25] Malone like the mathematics of it. Tax sheltered cash flow could be leveraged to land more loans, to create more tax sheltered cash flow.[43:52] Stay in the game long enough to get lucky.[47:05] Bowerman's response to other coaches: “As a coach, my heart is always divided between pity for the men they wreck and scorn for how easy they are to beat.” —Bowerman and the Men of Oregon: The Story of Oregon's Legendary Coach and Nike's Cofounder by Kenny Moore. (Founders #153)[49:27] "Forget about earnings. That's a priesthood of the accounting profession," he would preach, unrelentingly. "What you're really after is appreciating assets.”[50:23] If you control distribution you get equity in return.[53:04] My Life and Work by Henry Ford (Founders #266)[54:49] Call Me Ted by Ted Turner[1:06:33] When picking an industry to enter, my favorite rule of thumb is this: Pick an industry where the founders of the industry—the founders of the important companies in the industry—are still alive and actively involved.  — The Pmarca Blog Archive Ebook by Marc Andreessen (Founders #50)—“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

DOJ'S LATE NIGHT FILING AGAINST TRUMP A-Block (1:45) SPECIAL COMMENT. I wonder if Trump has ever heard of Victor Marchetti? He will now. The Government's 1975 court victory over him defined who has to prove a Classified Document is STILL a Classified Document - and it ain't the government. The Justice Department with a killer filing in its appeal of the Special Master ruling (3:55) Even as the Special Master comes down on Trump like a ton of bricks. His insistence those are HIS documents because he declassified some of them but he can't tell you which ones or when, is attacked by Special Master Dearie (4:10) Who says "You can't have your cake and eat it too." Didn't somebody we all know use that same phrase yesterday? YES I DID. (6:03) If you think Trump's lawyers are nitwits, wait'll you hear Alina Habba not understand why it's called an OCTOBER Surprise (6:45) Trump also makes a dumb analogy about the search of his bedroom (7:40) While New York's Attorney General may be ready to move (8:00) And three of the asylum seekers DeSantis human-trafficked have filed a class action suit against him and he's reduced to using the phrase "Onesie-Twosies" (10:34) And Trump's desperate neediness leads to one of the greatest Owns in Twitter history: Greg Proops flattens Maggie Haberman for all time. B-Block (14:35) EVERY DOG HAS ITS DAY: Hooch (16:00) POSTSCRIPTS TO THE NEWS: Ron Johnson "condones" white supremacy; Bret "Mr. Journalist" Baier tried to get the Fox Arizona call retracted; Tucker Carlson may get more people hurt. (18:50) IN SPORTS: 60 homers for Judge, the passing of Maury Wills, three NHL vets retire (21:30) THE WORST PERSONS IN THE WORLD: The 1776 Restoration Movement scumbags compete with Ronna McDaniel and a ton of Fentanyl for Halloween, and the Australian TV hosts covering the Queen's funeral, for the honors. C-Block (26:45) THINGS I PROMISED NOT TO TELL: 25 years since the head of the NBC part of MSNBC told me to ignore the head of the MS part of MSNBC. Andy Lack said they "were only supposed to give us money and computer terminals! Don't tell ME that we have to 'synergize' cable television and the internet - whatever the hell the internet is!"See omnystudio.com/listener for privacy information.

3 STEPS TO STOP TRUMP TODAY A BLOCK (1:48) SPECIAL COMMENT: Ron DeSantis didn't "pull off a political stunt." He is guilty of kidnapping and human trafficking and must be arrested. (3:42) He's violated 8 US Code 1324 and (5:31) his agent lured people onto the flight to Massachusetts. There are 50 counts; it's 5 years each (8:09) Incredibly, the White House already had a meeting scheduled today about "litigation options" against DeSantis and Abbott (8:49) And we must stand up against the psychopathic scum the way our ancestors did against the psychopathic scum of 1860 (10:30) Plus: there's a three-step process to bypass the corrupt Trump-appointee who just erased American law to protect the pimp who put her on the bench: Appeal, Waive All Executive Privilege, and INDICT THE M'F'ER NOW, especially after the interview (13:05) in which he made seven separate incitements to another insurrection in just 37 seconds of an interview.(14:30) A reminder: the bully understands only the kick in the crotch. B BLOCK (19:10) EVERY DOG HAS ITS DAY: Cooper, in Los Angeles (20:42) POSTSCRIPTS TO THE NEWS: Marjorie Taylor Greene tries three times to kick and push a Young Voters' Organizer, finally gets her, no word on charges; Chris "Eats Paste" Licht demotes CNN's top liberal primetime host to co-host of the little-watched morning program (alongside a former reporter for "The Daily Caller"), WSJ whiffs on Biden's Railroad (25:30) IN SPORTS: Federer goes, Ohio Republicans vote themselves the right to inspect undressed teenaged girl athletes, Washington Commanders can't tell WHICH Washington (28:22) THE WORST PERSONS IN THE WORLD: D'Souza confuses an arrested Republican for a Democrat, Mike Lindell literally forgets This-Is-A-Hardee's and Blake Masters wants to fire all the generals as they vie for hours. C BLOCK (34:10) FRIDAYS WITH THURBER: The Secret Life of Walter Mitty!See omnystudio.com/listener for privacy information.

CNN is a cable news network in flux. Earlier this month, John Harwood, its White House correspondent, announced his departure one day after he stated on air that, “The Republican Party right now is led by a dishonest demagogue. Many, many Republicans are rallying behind his lies about the 2020 election.” The network also recently fired Brian Stelter, a frequent critic of Trump and Fox News. The changes at CNN have caused speculation that these moves may be influenced by cable mogul, John Malone, one of its major investors, who has praised Fox News and openly expressed a hope that CNN would “evolve back to the kind of journalism that it started with, and actually have journalists, which would be unique and refreshing.” But where is the middle ground when some politicians routinely attack the truth as lies and push misinformation as truth? We'll talk to media critic Jay Rosen about the future of journalism in a post-Trump era. Guests: Jay Rosen, press critic and editor, PressThink.org; professor of journalism, New York University

THE CHIEF JUSTICE SHOULD RESIGN A BLOCK (1:48) SPECIAL COMMENT: "Simply because people disagree with a (Court) Opinion," says Chief Justice John Roberts over the weekend in Colorado, "is not a basis for questioning the legitimacy of The (Supreme) Court." Firstly: of COURSE it is! (2:50) Ever heard of Dred Scott, Johnny? (3:54) Secondly: that is hardly the primary reason your court's legitimacy is being questioned. It's being questioned because the Supreme Court has been poisoned by Conservatives. One Justice's wife is an insurrectionist. Another Justice is there because a Senate Majority Leader made up a phony rule. A third is there because the same Leader didn't FOLLOW the phony rule. At least three of them lied to the Senate. Alito gave a political speech mocking anybody who opposed him, or wasn't Catholic. It's time for Chief Justice Roberts to resign! (7:19) Judicial corruption is so pervasive that the "Special Master" Trump proposed to a judge he appointed, is the husband of one of the judges he appointed to the appeals court that next gets his case! (7:58) Happily the Department of Justice has offered Judge Cannon a climbdown from her decision to threaten National Security. (10:00) May video from London's Daily Mail has new significance: it shows Trump taking boxes of stuff from Mar-a-Lago to his golf course in New Jersey three days after the National Archives emailed about missing stuff (10:55) and last night we saw more video of Trump and private jets, ferrying him from New Jersey to DC sparking all kinds of speculation with the easiest explanation: he has another golf course near Dulles Airport (11:15) No, I don't know why he went, but the last time we saw him go to a golf course he buried a wife in it. Has Trump got anybody he needs to bury? B BLOCK: (15:20) EVERY DOG HAS ITS DAY: Janet the Boston Terrier in New Jersey (16:40) POSTSCRIPTS TO THE NEWS: Looks like the Russians are losing badly in Ukraine; a Kansas sheriff thinks he's going to war against the IRS, and the Royal Beekeeper has let the bees know the bad news about Queen Elizabeth. (19:55) IN SPORTS: Mahomes' hand is fine, Aaron Rodgers' head isn't (and it's probably my fault), who drew the line at Soldier Field, and Baseball shorts Doc White (24:10) THE WORST PERSONS IN THE WORLD: CNN's Jake Tapper vies with Mike Pence and Kimberly "The New King Is My Friend" Guilfoyle for the honors. C BLOCK: (29:05) THINGS I PROMISED NOT TO TELL: The strange tale of how ESPN wanted me to take on New York radio legends (and illiterates) Francesa and Russo, but fate intervened.See omnystudio.com/listener for privacy information.

New masters, new direction: CNN fired Brian Stelter and cancelled his show Reliable Sources (which was on the air for 30 years) and then, on September 2nd, John Harwood, was pushed out the door as well.Cable News Network was the brainchild of Ted Turner and it was based on a revolutionary concept at the time, a concept that changed the notion that news could only be reported at fixed times throughout the day. CNN was the world's first 24-hour television news network, and it made its debut on June 1st 1980 from its HQ in Atlanta Georgia. As we said in the intro, in its first years of operation, CNN lost money and was ridiculed as the Chicken Noodle Network but they started growing, covering events all over the world LIVE and their audience grew. If you like our content, please become a patron. John Malone is a right-leaning billionaire libertarian, close friend of the Murdoch family, and key Warner Bros Discovery board member. In 2021, CNN at AT&T spined off and combined Warner Media with Discovery, so now CNN is a Warner Bros Discovery WBD entity. And with this change of corporate hands, came a new board and .. new masters. Both Brian Stelter and John Harwood described Donald Trump as a “demagogue” in their last appearances on the network. 1, 2 John Malone, a Fox News fan and Trump donor, has deep and longstanding ties with David Zaslav, the CEO of WBD. In an interview with CNBC in 2021, John Malone said, “I would like to see CNN evolve back to the kind of journalism that it started with, and actually have journalists, which would be unique and refreshing.” 3 He proposed a model: “Fox News, in my opinion, has followed an interesting trajectory of trying to have ‘news' news, I mean some actual journalism, embedded in a program schedule of all opinions.” Hen also said, according to Vox, that “a time of change” is coming.. Is CNN turning into Fox News Light? Malone has denied he is “directly involved” in any decisions about CNN, but multiple current and former staffers who spoke to journalists are indicating that Malone is indirectly dictating an agenda to Chris Licht, the newly installed CNN boss. 4 1. Brian Stelter. Brian Stelter speaks about cancellation of his CNN show 'Reliable Sources'. Youtube. August 2022. ⇤2. Ramon Antonio Vargas. Correspondent abruptly leaves CNN after calling Trump a ‘demagogue'. The Guardian. September 2022. ⇤3. Amanda Northrop. Why billionaire John Malone's shadow looms over CNN. Vox. August 2022. ⇤4. Adam Parkhomenko. Tweet: The new head of CNN met with Congressional Republicans and is now checking off their to do list. Twitter. September 2022. ⇤

BIDEN FULFILLED HIS OATH OF OFFICE A BLOCK (1:49) SPECIAL COMMENT: When political corruption and degeneration threatens the nation, it is NOT political to say so. Last night in Philadelphia, President Biden rose above politics, went beyond politics, and spoke in spite of politics (3:14) The most important part: No problem has ever been solved until someone stood up and said "this is wrong" as Biden did - and thank God he named names (5:50) Even knowing how the American Political Media Complex can't comprehend or digest new things, the networks and newspapers utterly mishandled the story, and bluntly CNN's Poppy Harlow, Brianna Keller, and Jeff Zeleny must've been showing their new Right Wing bosses that they can do Bothsidesism with the best of them. CNN humiliated itself last night (8:42) And the person who proved Biden's point - and the necessity of his speech - was Trump, dangling pardons for and apologies to the 1/6 Traitors (10:45) Trump also contradicted his own attorneys, matter-of-factly slipping in the claim he had declassified the documents he stole (12:20) While Clarence Thomas's continuation on the Supreme Court became even more untenable after his wife's latest disgrace (13:07) And circling back to the Biden speech: somebody else who proved him right? The heckler. What would Trump and his thugs have done to such a protestor? B BLOCK (17:02) EVERY DOG HAS ITS DAY: Ginger (18:15) POSTSCRIPTS TO THE NEWS: Another protesting Russian succumbs to the leading cause of death in that country: Windows; Greg Abbott is running on the greatness of the Texas Power Grid?; GOP now suing to stop Biden's College Loan Forgiveness plan. (20:35) IN SPORTS: So the Tom Brady Retirement/Un-retirement/Disappearance saga was about his wife? And the Yankees break in a 70-year old rookie tonight! (23:56) THE WORST PERSONS IN THE WORLD: House Minority Leader McCarthy is a political poet, invokes "the electric cord of liberty"; Twitter opens Pandora's box with an edit button, and Sarah Palin mystified by Ranked-Choice as they contend for the award. C BLOCK (32:01) FRIDAYS WITH JAMES THURBER: The story is 88 years old but much of it rings true right now: "How To Relax While Broadcasting."See omnystudio.com/listener for privacy information.