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December 20, 2003
What to Get Your Media Mogul for Christmas
Everyone's favorite right-wing propaganda machine just got a little bigger and a little more powerful. The FCC approved NewsCorp's takeover of DirecTV in a $6.6 billion dollar deal:
The Federal Communications Commission said News Corp. must agree to arbitration to solve disputes with companies that carry its broadcast and cable channels, such as cable companies and other satellite providers. And News Corp. must treat all stations equally, not tilt in favor of its Fox broadcasting network and cable stations such as FX.As usual, the vote split along party lines, with Michael Copps dissenting because the deal would reduce competition not enhance it and Jonatahn Adelstein voting against the deal because DirecTV would not be required to provide local channels in every market. This is too obvious for even the snarkiest comment.
Via Oliver Willis.
Posted by chuck at December 20, 2003 1:50 PM
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