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1:20:01
It is exactly 7:00
here in Los Angeles...

1:20:04
and right now over a million homes
using television in this city...

1:20:08
are turning their dials
to channel three...

1:20:10
and that's our channel!
1:20:19
Howard Beale!
1:20:24
Stop it! Stop it!
1:20:27
Listen to me,
and listen carefully...

1:20:29
because this is your goddamn life
I'm talking about today.

1:20:34
In this country, when one company wants
to take over another company...

1:20:37
they simply buy up a controlling share
of the stock...

1:20:40
but first they have to file notice
with the government.

1:20:42
That's how CCA took over the company
that owns this network.

1:20:45
But now somebody's buying up CCA.
1:20:48
Somebody called
the Western World Funding Corporation.

1:20:52
They filed the notice this morning.
1:20:54
Who in the hell is
the Western World Funding Corporation?

1:20:58
It is a consortium of banks
and insurance companies...

1:21:02
who are not buying CCA for themselves
but as agents for somebody else.

1:21:05
And who is this somebody else?
They won't tell you.

1:21:08
They won't tell you.
They won't tell the Senate.

1:21:10
They won't tell the SEC, the FCC,
the Justice Department.

1:21:14
This is Mr. Hackett.
Do you have a New York call for me?

1:21:18
Do you want to
turn that down, please?

1:21:20
I will tell you who
they're buying CCA for.

1:21:23
They're buying it for the
Saudi Arabian Investment Corporation.

1:21:27
They're buying it for the Arabs!
1:21:29
Clarence? Frank Hackett here.
How's everything back in New York?

1:21:32
How's the good lady?
1:21:37
Take it easy.
I don't know what you're talking about.

1:21:41
When? Tonight's show?
1:21:44
Clarence, take it easy.
1:21:48
The "Howard Beale Show" is just going on
out here. You get it 3 hours earlier.

1:21:52
Take it easy! How the hell could
I see it? It's just going on now!


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