Could News Corp lose right to broadcast in the US
Tue Jul 19 17:23:53 EDT 2011
But if he IS convicted, he won't lose any broadcast licenses. The FCC
will let him sell his holdings in the company/ies that hold the
broadcast licenses. Or he will be allowed to place those holdings in a
blind trust. He is too well connected to be stripped of any holdings,
even if he is convicted of premeditated murder, which does not seem
Dan Strassberg (email@example.com)
----- Original Message -----
From: "Sid Schweiger" <firstname.lastname@example.org>
Sent: Tuesday, July 19, 2011 1:14 PM
Subject: RE: Could News Corp lose right to broadcast in the US
> "The reactions from almost everyone up here seem to completely
> overlook one key factor, namely ratings. Whether you like Fox News
> or not, when I last looked, viewers were still endorsing them over
> their competitors by tuning in. As long as they don't pull the same
> type of dirty tricks that happened in the UK, the law of supply and
> demand should still hold in US broadcasting, no?"
> Ratings do not determine who is qualified to hold a broadcast
> license, and one of the statutory qualifications is "character."
> Based on past history, the FCC will convene a revocation hearing for
> a licensee convicted of one or more crimes.
> That said: Murdoch hasn't been convicted of a thing...yet.
> However, as a US citizen and the principal stockholder of the News
> Corporation, his licenses are at risk should he or another officer
> of the licensee were to be convicted of a crime. His US networks
> (Fox News, Fox Business, Fox TV, etc.) are not subject to government
> Sid Schweiger
> IT Manager, Entercom New England
> 20 Guest St / 3d Floor
> Brighton MA 02135-2040
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