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Not so fast on Fox

By BroadCasting & Cable Staff -- Broadcasting & Cable, 4/1/2001 8:00:00 PM

Aides to the FCC commissioners in the past couple of weeks said a recommendation on the Fox/Chris-Craft merger would be coming from the Mass Media Bureau any day. But opponents of the deal may have put on the brakes. The bureau is said to be drafting a new list of questions for Fox and parent News Corp. regarding its request for the regulatory leniency needed to win approval for the $5.4 billion acquisition of Chris-Craft's 10 TV stations.

Tops among the complaints, which echo reservations of public advocacy lawyers, is that Fox hasn't shown why it should be allowed the unprecedented step of adding WWOR-TV to its New York City stable when the company already has a waiver to own the New York Post and another station despite the ban on in-market TV/newspaper crossownership. Fox also has been too sketchy, they said, about how the plan to put the stations' assets into a subsidiary of Australia-based News Corp. complies with foreign-ownership prohibitions.

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Free Streaming: Killing or Saving the Television Business

Photos from the B&C/Multichannel News panel discussion and networking breakfast held Nov. 17, 2009, at the Academy Television Arts & Sciences. (Photos by credit: Craig T. Mathew/Mathew Imaging)



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