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.
- 1 Forget 'The Dress': Here are five of the biggest news stories you might have missed
- 2 The black and blue dress: Makers considering a white and gold version
- 3 PornHub turns masturbation into energy in bid to save the planet
- 4 The remarkable archaeological underwater discovery that could open up a new chapter in the study of European and British prehistory
- 5 MH370: 'Putin ordered plane to be flown to Kazakhstan space port,' conspiracy theory claims
Boris Nemtsov shot dead: Outspoken Putin critic who had expressed fears for his life is killed near the Kremlin
PornHub turns masturbation into energy in bid to save the planet
Ukraine crisis: Top Chinese diplomat backs Putin, says West should 'abandon zero-sum mentality'
White and gold or blue and black – what colour is the dress? An eyewitness gives a definitive answer
Saudi Muslim cleric claims the Earth is 'stationary' and the sun rotates around it
New theory could prove how life began and disprove God
Half of Ukip voters say they are prejudiced against people of other races
This is what it's like to be dead, according to a guy who died for a bit
'Cash for access' scandal: Sir Malcolm Rifkind says 'unrealistic' for MPs to live on £67,000 salary
'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
Aqsa Mahmood branded a 'disgrace' by her parents after claims she recruited three UK girls flying to Middle East
iJobs Money & Business
£40000 - £50000 per annum + pro rata: SThree: SThree Group have been well esta...
£30000 - £37000 per annum: Recruitment Genius: Established in 1999, a highly r...
£250-£300 Day Rate: Jemma Gent: Are you a qualified accountant with strong exp...
£230 - £260 Day Rate: Jemma Gent: Do you want to stamp your footprint in histo...