Murdoch gains in US battle
Friday 05 May 1995
In a keenly awaited ruling, the Federal Communications Commission decided unanimously that Fox, which is 99 per cent owned by Mr Murdoch's Australia- based News Corp, did not deceive the authorities when it purchased the six original Fox stations in 1985.
Existing federal regulations limit a foreign interest to 25 per cent of a US broadcasting company, a move which the Australian-born media tycoon sidestepped by becoming a US citizen before the acquisition. But the FCC said its commissioners knew the situation when they permitted the deal and thus had not been misled.
The commission did overturn one part of the earlier decision, decreeing that despite Mr Murdoch's American citizenship, Fox is a foreign company. It gave him 45 days to make the case that the public interest would be served by granting him a waiver.
Legal experts not involved in the case yesterday predicted that the breadth of Fox's programming and the fledgling new Warner and Paramount networks modelled after Fox, would be enough to carry the day.
"The bottom line is, we're very happy about most of it," Mr Murdoch told reporters yesterday.
First full-length look is finally here
World cities ranked in terms of safety, food security and 'liveability'
- 1 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 2 The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
- 3 Ball pool for adults opens in London
- 4 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
- 5 Baldness could soon be treated using stem cells, scientists hope
Woman falls to her death as she celebrates marriage proposal at the edge of Ibiza cliff
Sex abuse inquiry: 'Victims receive death threats' after MPs release names online
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Teenager brandishing fake gun taken down by police after demanding airtime on Netherlands' NOS TV station
The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
iJobs Money & Business
£30000 - £35000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...
£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...