ABC Earns 14.7 Overnight For Thrilling Game 6 Blackhawks-Bruins Game 3 Sets NBCSN Record MLS To Debut Multi-Platform MLS+ HBO Not Toning Down "Hard Knocks" Cuts ESPN, Fox Payouts To Pac-12 Revealed SnappyTV, LiveU Strike Partnership People & Personalities Media Notes KU, TWC Ink Deal For Tier-3 Rights Atlanta Radio Hosts Fired Over Morning Bit
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).