SBD/13/Sports Media

Print All
  • RUPERT MURDOCH MAKES FRIENDS IN WASHINGTON

         According to Howard Rubenstein, spokesperson for House
    Speaker Newt Gingrich, Gingrich met with News Corp. Chair Rupert
    Murdoch and "discussed the media baron's high-stakes battle over
    whether his television stations violated foreign ownership rules."
    The meeting came "shortly before" Murdoch's publishing firm,
    HarperCollins, offered Gingrich a $4.5M advance on a book deal.
    Gingrich had accepted it, but after public criticism, turned it
    down.  Both Gingrich and Murdoch have denied discussing the book
    offer at their November 28 meeting.  Murdoch has said he knew
    nothing of the book offer until he was notified of the controversy
    while on a visit to China.  Gingrich has said that at the time, he
    did not know that Murdoch even owned HarperCollins.  Murdoch has
    "numerous matters pending before the government that could cost
    millions of dollars."  At the top of the list is a fight with NBC
    and the NAACP, over foreign ownership of Fox Television Stations.
    Meanwhile, Rep. Michael Oxley said yesterday that he will
    introduce a bill today to overturn the 60-year-old foreign
    ownership limits.  He and other supporters of the bill say their
    interest is not connected to Fox.  Fox claim they are already in
    compliance with the 25% limit on foreign ownership (Phil Kuntz,
    WALL STREET JOURNAL, 1/13).
    

    Print | Tags: NBC, News Corp./Fox, Media
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug