Changing of the Guard; Kay Koplovitz; James Squires
Peter Peterson of the Blackstone Group, Ralph Whitworth of United Shareholders Association, and journalist James B. Stewart talk about the fundamental power shift taking place in corporate America this week. C.E.O. of USA Networks Kay Koplovitz describes what differentiates her network from others both from a business and a programming perspective. Journalist James Squires introduces "Read All About It: The Corporate Takeover of America's Newspapers," which is an indictment of American newspapers, and asserts that their traditional role has been subverted for profit.