Friday, April 25, 2008

Murdoch Rules

Murdoch too powerful for government regulators | Reuters: "WASHINGTON (Hollywood Reporter) - The dirty little secret about Rupert Murdoch's plan to add Newsday to his stable of New York media properties is that there's little anybody can do to stop him.

In the topsy-turvy world of media regulation, Murdoch or any other media baron can own a TV station and then buy a newspaper in the same market, and there's not much federal regulators can do about it directly..."

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