12.08.2003 12:00 PM
FCC to OK DirecTV sale to News Corp.

The FCC’s Media Bureau is recommending that the full five-member commission approve News Corp.’s proposal to assume control of the nation’s largest satellite TV company as long as certain conditions are met, the Hollywood Reporter said.

The entertainment industry trade publication cited unnamed sources that said the Media Bureau is recommending that the $6.6 billion deal will win approval if DirecTV sets a date for transmission of all local TV channels, and a mechanism is adopted to handle disputes between the FOX television network and cable companies.

FCC chairman Michael Powell has said he wants to finish up the commission’s review of the deal by the end of the month. While it is likely that Powell can muster the votes of the three Republican commissioners, winning over the two Democrats could be more difficult. They have raised questions about the ability of the company to drive up prices for all subscription TV programming, the Reporter said.

For more information visit www.fcc.gov.

Back to the top




Comments
Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found




Thursday 10:05 AM
NAB Requests Expedited Review of Spectrum Auction Lawsuit
“Broadcasters assigned to new channels following the auction could be forced to accept reductions in their coverage area and population served, with no practical remedy.” ~NAB


 
Featured Articles
Conference Updates
Technology in Focus
Discover TV Technology