FCC seeks more data on News Corp.'s DirecTV deal

salin

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Fri Oct-10-03 03:50 PM
Original message

FCC seeks more data on News Corp.'s DirecTV deal

FCC seeks more data on News Corp.'s DirecTV deal

WASHINGTON (Reuters) � The Federal Communications Commission on Friday said it would need more time and information to review News Corp.'s $6.6 billion plan to take control of DirecTV, a unit of Hughes Electronics.

In a letter to lawyers for the companies, the FCC said it was stopping its 180-day clock on considering the deal that would give News Corp. 34% ownership of Hughes and control of the No. 1 U.S. satellite broadcaster.

More (short)
http://www.usatoday.com/money/media/2003-10-10-fcc-directv_x.htm

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MaineDem

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Fri Oct-10-03 03:53 PM
Response to Original message

1. Thank you!!!

But...what's in it for them (FCC)?

I hate to be so cynical.

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Zhade

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Fri Oct-10-03 03:53 PM
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2. YES!!!!!!!!!

Any roadblock in this is a GOOD thing. I do NOT want to work for this man.

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denverbill

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Fri Oct-10-03 04:06 PM
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3. In other words, there's an election coming up next year.

You wanna make a billion, you gotta pay a million. It's not a bribe, it's a 'campaign contribution'.

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salin

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Fri Oct-10-03 04:08 PM
Response to Reply #3

4. or... there is an election next year - and the FCC already pushed

too far on their attempts to further deregulate media, and the perception of blindly accepting this deal might actually bounce back on bush - can't have that in an election year.

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NashVegas

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Fri Oct-10-03 04:58 PM
Response to Reply #3

5. And We Want Rupert to Be Very, VERY Nice

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Neecy

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Fri Oct-10-03 05:11 PM
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6. interesting

I have DirecTV, and the minute the sale goes through I'm pulling the plug and going back to cable. I refuse to put money in that bastard's pocket so he can continue to propagandize the world.

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Melinda

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Fri Oct-10-03 05:38 PM
Response to Reply #6

7. Do it now -- boycott Direct TV.

Call me pollyanna, but we switched to Dish TV when I heard Murdoch wanted to buy Direct... I really believe that if every left leaning Direct subscriber did this NOW, the offer might be taken off the table. I can dream, right?

PLUS, Dish has Worldlink TV and FreeSpeech TV - neither of which is available on Direct.

Check them out - http://www.worldlinktv.org/

Call Dish... they'll set you up for free and beat Direct TV's prices too.

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