cross-ownership

News Corp. Withdraws Bid to Buy Newsday

Stevie Converse — Mon, 12 May 2008 05:52:08 -0700

News Corp., the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid to purchase the Long Island daily paper Newsday, a News Corp. spokeswoman said Saturday.

The decision to revoke the offer came just days after Murdoch confidently predicted he would clinch a deal to buy the newspaper within a week.

Sources Say Cablevision's Newsday Bid Taken Seriously

Stevie Converse — Fri, 09 May 2008 08:36:12 -0700

A day after News Corp. chief Rupert Murdoch spoke confidently that he would end up buying Newsday, sources familiar with the negotiations in Chicago said last week's higher bid from Cablevision Systems Corp. is being seriously considered.

Murdoch Confident He'll Land Newsday

Stevie Converse — Thu, 08 May 2008 09:16:44 -0700

Although his company is reported to be holding tight to its $580 million offer for Newsday despite apparently being outbid, News Corp. Chairman Rupert Murdoch believes he ultimately will wind up with Tribune Co.'s Long Island, N.Y., newspaper.

As News Corp. Posts Wide Gains, Murdoch Keeps His Sights on Newsday

Stevie Converse — Thu, 08 May 2008 08:37:44 -0700

In the News Corporation’s earnings conference call on Wednesday, Rupert Murdoch voiced skepticism that Cablevision can succeed in its bid for Newsday, which is now at the center of a tussle among three New York moguls, even as he vowed not to get into a bidding war for the newspaper.

Murdoch Won't Raise Bid for Newsday

Stevie Converse — Mon, 05 May 2008 09:43:33 -0700

Rupert Murdoch's News Corp., which had appeared close to a deal to buy Newsday, doesn't plan to raise its bid for the Long Island newspaper despite a higher offer from Cablevision Systems Corp., a person familiar with the matter said Friday.

Is There No Limit to the Expansion of Rupert Murdoch's Media Empire

Stevie Converse — Fri, 25 Apr 2008 10:29:01 -0700

Why are we asking this now?

Can Murdoch Buy Newsday or Not?

Stevie Converse — Fri, 25 Apr 2008 08:54:29 -0700

Lisa Napoli: A Senate committee voted Thursday to overturn a new FCC rule on media ownership.

Senate Commerce Committee Did the Right Thing

Stevie Converse — Fri, 25 Apr 2008 08:40:26 -0700

The Senate Commerce Committee did the right thing by unanimously voting out of committee a “resolution of disapproval” sponsored by Sen. Bryon Dorgan (D-N.D.) that would overturn the FCC's Dec. 18 decision to relax the longstanding limits on how much media one company can own in your town.

Murdoch's Newsday Bid Faces Hurdle

Stevie Converse — Fri, 25 Apr 2008 07:53:20 -0700

Rupert Murdoch may be forced to cede control of part of his growing American media holdings in order to complete his $580 million offer to buy the New York-based Newsday newspaper.

Consumer Groups Oppose Murdoch's Bid for Newsday

Stevie Converse — Fri, 25 Apr 2008 06:58:50 -0700

With Rupert Murdoch closing in on owning his third New York-area newspaper, opposition is emerging from consumer groups to potentially more concentration of ownership in the nation's media capital.

All Eyes on Media Glutton Murdoch

Stevie Converse — Fri, 25 Apr 2008 05:34:07 -0700

Rupert Murdoch, the compulsive buyer of all things media, has a handshake deal with Tribune Co. to buy Newsday for a reported $580 million.

News Corp. Bid for Newsday May Face Political Snags

Stevie Converse — Fri, 25 Apr 2008 05:28:10 -0700

News Corp.'s bid to buy Newsday will face regulatory hurdles, but political attacks on the deal could be more of a long-term problem as News Corp. Chairman Rupert Murdoch tries to seal the deal.

Newsday Sale Could Raise Big Antitrust Issues, Economist Says

Stevie Converse — Wed, 23 Apr 2008 08:49:38 -0700

The widely reported deal to sell Tribune Co.'s Newsday to Rupert Murdoch's News Corp. may be tripped up on antitrust concerns, the well-known media economist Robert G. Picard warned Tuesday.

Would News Corp. Need FCC Help to Keep Stations, Newsday?

Stevie Converse — Wed, 23 Apr 2008 07:13:00 -0700

There seems to be some question as to whether News Corp. would have to either apply for a Federal Communications Commission waiver or divest its New York TV stations if it decides to buy Newsday.

Murdoch Taking on FCC Media Rule

Stevie Converse — Wed, 23 Apr 2008 04:53:57 -0700

As he nears completion of a deal to acquire Newsday from the Tribune Company, Rupert Murdoch appears likely to pose the first significant challenge to the media ownership rule that the Federal Communications Commission recently adopted.

Iger Says He's in Favor of Relaxing Media Concentration Rules

Stevie Converse — Wed, 09 Apr 2008 05:14:18 -0700

Walt Disney Co. President-CEO Bob Iger said he disagrees with Democratic presidential candidate Sen. Barack Obama, who has positioned himself as opposed to relaxing rules on media concentration.

Jeffrey Milyo, Academic for Sale?

Stevie Converse — Thu, 27 Mar 2008 17:10:22 -0700

"[T]he role of advocate is, no matter what kind of information comes out, to sort of disparage it, and, you know, they’re fighting for a result, not the truth. And they already think they know the truth..."