Word: ownership
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Dates: during 1990-1999
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Suddenly, an investigation that had imperiled Murdoch's ownership of his Fox network -- a probe he once dubbed a "witch-hunt" -- had become a family affair. And the five commissioners did nothing to change the mood, voting unanimously to endorse a resolution that could soon free Murdoch to resume terrorizing the established American networks, as he has done for the past two years. "It was a kiss on the cheek for Murdoch," says an influential Washington communications lawyer...
While your article The Spoils of War" discussed the controversy over the rightful ownership of precious art taken from Germany at the end of World War II and hidden in Russia for 50 years [April 3], it overlooked an important piece of information. The Hermitage invited an American publisher to document the collection with both Russian- and English-language editions of a book, Hidden Treasures Revealed, and to arrange for its sale. The exhibition of exceptional art will not travel outside Russia, so the book becomes the only opportunity for most people to see all 74 works in reproductions...
...accused of concealing the fact that his Australia-based News Corp. owned 99 percent of Fox when he sought permission a decade ago to acquire stations that formed the backbone of the network. To hold onto his victory, he'll still have to make a case that waiving foreign ownership restrictions would be in the public interest. Though the FCC found that Murdoch waited years to disclose the extent of Fox's foreign ownership, at least three commissioners are inclined to let him off the hook because Fox has created thousands of jobs and revived flagging TV stations...
...widened its attack still further. In November it sought to block Fox's effort to buy TV stations in Philadelphia, Boston and Denver, arguing that the FCC could not approve these purchases until it had resolved the SF dispute. Next, citing the 99% ownership disclosure in David Honig's N.A.A.C.P. case, nbc filed a formal request that the commission clarify its rules on foreign control, thereby boosting pressure on the commission to examine Murdoch's ownership. "What are you doing this for?" Murdoch demanded in a telephone call to Robert Wright, president of NBC. "The record is clear...
...withdrawal did nothing to end the investigation. A hearing remains a possibility, but several influential Washington media lawyers say they expect the commission to take a middle-ground stance: ordering Murdoch to restructure his ownership of the Fox stations, a decision that might subject him to a huge Internal Revenue Service bill but would leave his network otherwise intact. The investigation may already have done much more serious harm, allowing Fox's competitors to negotiate 10-year deals with their affiliates and thus delay Fox in its race to overtake one or more of the established networks...