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Posts Tagged ‘Julius Genachowski’

FCC Rule Keeping Rupert Murdoch from Buying The Los Angeles Times

Rupert Murdoch, according to at least one person, wants to buy The Los Angeles Times. A source told The New York Times that the main obstacle to a deal being made is a FCC rule that prevents one company from owning TV stations and newspapers in the same market. News Corporation already owns LA’s KTTV and KCOP, so the LA Times is off limits.

For now, Murdoch must play the waiting game. Julius Genachowski, the FCC’s chairman, just resigned, and he was a supporter of changing that rule. News Corp.’s lawyers have also been making a push, asking the FCC to ”eliminate the cross-ownership rule as a relic from a bygone era.”

Obviously News Corp. wants the rule changed for a reason. Time will tell if that reason ends up being the LA Times.

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Tribune Co. Set to Receive Critical FCC Waivers

Interesting tidbit from LA Times DC reporter Jim Puzzanghera.

Barring an unforeseen and very unlikely objection from one or more of the Federal Communications Commission’s five commissioners, some very critical regional media market waivers will be granted by the FCC on Friday. The waivers reaffirm the Tribune Company’s right to own radio, TV and newspaper outlets in the same market:

The FCC has told commissioners it plans to grant Tribune’s new owners a permanent waiver for the company’s longtime ownership of the Chicago Tribune newspaper and WGN radio and television stations in the Chicago market.

The staff also plans to give one-year waivers for the Tribune’s ownership of the Los Angeles Times and KTLA-TV Channel 5 and for similar arrangements in New York, southern Florida and Hartford, Conn.

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Cablevision Sends In The Big Guns: Dolan To Meet With FCC Chairman

Last night, FBNY received news of a letter sent by Cablevision president and CEO James Dolan to FCC chairman Julius Genachowski.  Apparently Dolan is listening to his company’s subscribers and finally making an proactive effort to end the blackout of Fox and other News Corp. stations for local Cablevision customers.  He will meet with president and COO of News Corp., Chase Carey, at Genachowski’s office today and requested that the FCC intervene in the ongoing dispute to join the two sides in good faith talks for a resolution.

Dolan’s attempt to appeal to the FCC chairman to save Cablevision comes on a day when the cable service provider risks losing Fox’s coverage of game one of the World Series.  The first pitch is scheduled to be thrown at 7:57 p.m., the clock is ticking Mr. Dolan.

FCC Appoints WSJ Contributor Waldman New Media Advisor

153346689_3823fcad42.jpg The FCC has named Steven Waldman as an adviser to the chairman in its office of strategic planning. According to MediaWeek, Waldman will “lead an open, fact-finding process to study the impact of technology and a weakened economy on the future of media, and make policy recommendations.”

If these policy recommendations have anything to do with the FCC’s recent proposed Net Neutrality Principles outlined by FCC chairman Julius Genachowski last month, Waldman’s past job experience puts him in a good position to weigh both sides of the argument for new Internet regulations.

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Social Me This!: Social|Median Moves Toward Beta Phase With New Round of Investors

SocialMedian1.jpgHave you heard? Social networking is all the rave (along with tumblrs and twitters). The Times launched TimesPeople last month, and rumor has it that Wired‘s Chris Anderson has something in the works. But it doesn’t end there! The Deal is reporting that Social|Median, the social news service founded by former Jobster.com CEO Jason Goldberg may be one step closer to launching.

The site, currently in its alpha stage, is described as being a “new type of hyper-personalized social news service,” (perhaps a combination of Facebook and Digg?) and is hoping to go beta in the next few weeks. Over the last few months it has picked up a number of high profile media investors, including former Federal Communications Commission chairman Reed Hundt, Julius Genachowski, the co-founder of LaunchBox Digital, the Washington Post Co.’s Allen Morgan, and most recently L. Gordon Crovitz, who stepped down as publisher of The Wall Street Journal in January (maybe Bonnie Fuller‘s invite got lost in the mail?). Hopefully we’ll be able to give it a whirl and get back to you.