Friday, October 19, 2007

Murdoch Media Monopoloy Defies Free Enterprise

Does anyone remember the huge breakup of the telcos because they had become MONOPOLIES?

Rupert Murdoch
may get to own TV stations and newspapers in same city
Posted Oct 18th 2007 8:10AM by Lita Epstein
Filed under: Law, Newspapers, Tribune Co. (TRB), News Corp'B' (NWS), Politics

Media owners have been chomping at the bit to be able to own both a TV station and a newspaper in the same city. Two major deal makers - Samuel Zell, a Chicago investor who is leading the charge to take the Tribune Company (NYSE: TRB) private, and Rupert Murdoch, Chairman and CEO of News Corp. (NYSE: NWS) who has tried for years to change the rule so he can continue to control both the New York Post and the Fox television station in New York -- hope it happens soon. If the rules change for Zell, he'll be able to own TV stations and newspapers in five cities - New York, Los Angeles, Hartford and the Miami-Fort Lauderdale area.
Well they may get their wish if Federal Communications Commission Chairman Kevin Martin has anything to say about it, according to the New York Times. The Times reports that Martin plans to repeal the decades-old media rule forbidding companies from owning both a newspaper and a TV or radio station in the same city. Right now an $8.2 billion buyout of the Tribune Company is hanging in the balance. Zell wants to take the company from a public to a privately held company by its employees, but the rule is in the way of completing the deal.
Former FCC Chairman Michael Powell tried this a few years ago, and got shot down by the courts. Martin hopes the additional hearings and studies he's done since that ruling will be enough to satisfy the courts. In the earlier case, the FCC got more than three million comments against changing the rules, the most comments in its history. Opposition groups were diverse including the National Organization for Women, the National Rifle Association, the Parents Television Council and the United States Conference of Catholic Bishops.
Many are skeptical Martin will be able to pull it off, especially if he chooses to take short cuts to get this rule passed by the Commission by December, as he plans according to the Times. One Commission member who is adamantly opposed to the rule, Michael Copps, told the Times, "We shouldn't be doing anything without having a credible process and nothing should be done to get in the way of Congressional oversight and more importantly, public oversight. We've got to have that public scrutiny." http://www.bloggingstocks.com/2007/10/18/rupert-murdoch-may-get-to-own-tv-stations-and-newspapers-in-same/

Hey Jeff Gannon is back at "work" I understand, from his former job at http://www.militarystuds.com/

(now a defunct site that used to show a full blown shot of mr. gannons's 'uncut" private parts.

to working for Talon News as a White House Correspondent....hmmm I wonder if he still stays overnight at the White House...without comment from the "news media."

Ah the bush crime family mouth piece who starts every sentence with (this is a recording) "this administration"
or "this president."....then the programmed "take the fifith" garbage spews forth...protected and spun by FOX the FACSIST ORTHODOX XENOPHOBIA station spewing racism, sexism, and misinformation from sun up until sundown. Unobstructed by law, ethics, truth or integrity.

Watch them hell...they should ALL be arrested for treason.