Murdoch Calls FCC Bluff With Newsday Move

News Corp. would need waiver to dodge anti-consolidation rules
By Jonas Oransky,  Newser Staff
Posted Apr 23, 2008 6:43 PM CDT
The mastheads of the New York Post and Newsday are seen in this photo in New York, Friday, March 21, 2008.   (AP Photo/Richard Drew)
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(Newser) – Rupert Murdoch is betting new federal standards limiting media ownership to one TV station and one newspaper (per market) won't keep him from buying a fifth New York outlet. The mogul has long held waivers to control media in excess of the rules, and he doesn't think recent enforcement pledges will stop him from winning permission to own Newsday, the Times reports.

Democratic lawmakers are meanwhile trying to restore more stringent standards, and are even holding up Murdoch’s acquisition-happy habits as an exemplar of what needs avoiding. In applying for permission to own WNYW- and WWOR-TV, the New York Post, the Wall Street Journal and Newsday all at once, News Corp. will argue that a struggling industry need deep pockets.