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Article: FCC Votes to Allow News Corp. Purchase of New York Television Station.

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Knight Ridder/Tribune Business News
Article date:
July 26, 2001
Copyright

By Paul D. Colford, Daily News, New York Knight Ridder/Tribune Business News

Jul. 26--The Federal Communications Commission's ruling yesterday allowing Rupert Murdoch to buy WWOR/Ch. 9 appeared likely to leave the News Corp. mogul in permanent control of the New York Post and two TV stations in New York.

In a 3-2 ruling, the FCC officially gave Murdoch two years to decide the structure of his New York media empire.

The timetable probably means he will not be forced to unload the money-losing tabloid because the agency is expected to eliminate the ban on cross-ownership before the waiver expires.

The two-year clock was built into the ...

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