You will be redirected back to your article in seconds

FCC wants Post details from Murdoch

The Federal Communications Commission has asked Rupert Murdoch for more details on his bid to buy the New York Post, throwing a wrench into the News Corp. chairman’s plans.

Murdoch, who holds a controlling interest in Fox Television’s WNYW-TV New York, recently asked the FCC to waive its newspaper-broadcast cross-ownership rule to allow him to buy the Post.

With no congressional opposition and the FCC sending signals the waiver would be approved, Murdoch’s request was thought to be on a fast track.

On Friday, however, the FCC issued an order asking Murdoch to provide more details by Tuesday.

Current owner Peter S. Kalikow placed the Post in bankruptcy March 15; on March 30, a court-approved agreement allowed Murdoch to assume control of the newspaper.

The FCC asked Murdoch to state Kalikow’s desired price and to provide certification from a newspaper broker that the listing price for the Post was at fair market value.

Further, the FCC granted the National Hispanic Media Coalition’s request to extend to May 10 the deadline for parties to file comments or support or opposition for Murdoch’s bid to buy the Post.

More Biz

  • Pink Slime ABC News

    Disney Takes Insurer AIG to Court Over 'Pink Slime' Defamation Settlement

    The Federal Communications Commission has asked Rupert Murdoch for more details on his bid to buy the New York Post, throwing a wrench into the News Corp. chairman’s plans. Murdoch, who holds a controlling interest in Fox Television’s WNYW-TV New York, recently asked the FCC to waive its newspaper-broadcast cross-ownership rule to allow him to […]

  • Which Pop Culture Halloween Costume Would

    Poll: Which Pop Culture Halloween Costume Would You Wear This Year?

    The Federal Communications Commission has asked Rupert Murdoch for more details on his bid to buy the New York Post, throwing a wrench into the News Corp. chairman’s plans. Murdoch, who holds a controlling interest in Fox Television’s WNYW-TV New York, recently asked the FCC to waive its newspaper-broadcast cross-ownership rule to allow him to […]

  • Alyssa Milano

    Alyssa Milano on #MeToo Campaign: 'I Wanted to Take the Focus Off the Predator'

    The Federal Communications Commission has asked Rupert Murdoch for more details on his bid to buy the New York Post, throwing a wrench into the News Corp. chairman’s plans. Murdoch, who holds a controlling interest in Fox Television’s WNYW-TV New York, recently asked the FCC to waive its newspaper-broadcast cross-ownership rule to allow him to […]

  • Harvey Weinstein

    Harvey Weinstein Resigns From Weinstein Co. Board as Company Struggles to Survive

    The Federal Communications Commission has asked Rupert Murdoch for more details on his bid to buy the New York Post, throwing a wrench into the News Corp. chairman’s plans. Murdoch, who holds a controlling interest in Fox Television’s WNYW-TV New York, recently asked the FCC to waive its newspaper-broadcast cross-ownership rule to allow him to […]

  • Bob Greenblatt NBC

    Robert Greenblatt on the Importance of Speaking Up and Making Voices Heard

    The Federal Communications Commission has asked Rupert Murdoch for more details on his bid to buy the New York Post, throwing a wrench into the News Corp. chairman’s plans. Murdoch, who holds a controlling interest in Fox Television’s WNYW-TV New York, recently asked the FCC to waive its newspaper-broadcast cross-ownership rule to allow him to […]

More From Our Brands

Access exclusive content