Murdoch Coveting Papers Must Wait as Rift Stalls Media Rules
Posted: 2/6/2013 | By: Todd Shields & Edmund Lee | Bloomberg
A move to make it easier for
companies to own U.S. daily newspapers and nearby broadcast
stations has stalled amid partisan tension that could prevent
deals between companies such as Tribune Co. and News Corp. (NWSA)
Federal Communications Commission Chairman Julius Genachowski, a Democrat, hasn’t won approval of his proposal to ease a ban on cross-media ownership almost three months after asking fellow commissioners to vote for it.
Federal Communications Commission Chairman Julius Genachowski, a Democrat, hasn’t won approval of his proposal to ease a ban on cross-media ownership almost three months after asking fellow commissioners to vote for it.