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Can Murdoch Buy Newsday or Not?

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Marketplace, April 25, 2008

Lisa Napoli: A Senate committee voted Thursday to overturn a new FCC rule on media ownership. The rule allows media companies to own both a newspaper and one TV or radio station in the same market -- something many critics feel is too much consolidation. Ashley Milne-Tyte looks at whether the decision to ditch the rules could have any affect on a certain media mogul's plans.

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