Warriors-Rockets Gets Big Viewership For ESPN Royals' TV Ratings Lead MLB This Season NBC Sports Launches Documentary Film Unit CFL Extends Media Rights With Bell At Bat App Available On Dashboards In Some Cars Coke 600 Down From Previous Years New "Hard Knocks" To Feature Texans Fox Sports' World Cup HQ Wrapping Up Construction Gracenote Jumps Into Sports Data Market Charter To Carry Dodgers' SportsNet LA
Upcoming Conferences and Events
FCC WILL NOT RULE AGAINST MURDOCH OWNERSHIP
Published May 3, 1995
After investigating the holdings of News Corp. Chair Rupert Murdoch since late '93, FCC regulators "have decided against forcing" him to resturcture his company to comply with foreign- ownership rules. An FCC staff recommendation had urged that News Corp. reduce it ownership stake in the eight TV stations that form the nucleus of Fox TV. One FCC official: "The staff recommendation is dead." The ruling is a "crucial victory" to Murdoch in what has been "a serious legal threat to his empire." The FCC is expected to ask for public comment on whether News Corp. should receive a waiver (Edmund Andrews, N.Y. TIMES, 5/3).