In this country, when one company wants to take over another company, they simply buy up a controlling share of the stock, but first they have to file notice with the government. That's how CCA took over the company that owns this network.
11 seconds sound clip from the Network (1976) movie soundboard.
You can hear this line at 01:24:03.147 in the Blu-ray version of the movie.
Quote context
[...]
- Last year, we were the number-four network, next year we're number one!
- We're number one! We're number one! We're number one! We're number one!
- It is exactly 7:00 here in Los Angeles.
- This is Mr. Hackett. Do you have a New York call for me?
[...]