Fair and Balanced, meet Cease and Desist

Wendy rightly scooped me on this; I sent it around to an internal list inside my selection of daily blurbs from many news sources I get each day in email. Sorry. I'm still adjusting to the concept of working a blog into my dissemination media. I'm still an email-driven, Usenet-reading kind of guy by default.

From today's NewsScan:

MURDOCH ACQUIRES DIRECTV

Rupert Murdoch is a man who's never been intimidated by the status quo: he
successfully ignored Britain's state-owned BBC to launch that nation's first
pay-TV service, and in the U.S. established Fox as a lively competitor to
the three established TV networks. And now the 72-year-old Murdoch is hoping
to turn satellite television into a medium as common as cable, which is in
70% of homes. On Friday federal regulators approved Murdoch's News Corp.'s
$6.6-billion takeover of satellite television leader DirecTV from General
Motors Corp. Legg Mason industry analyst Blair Levin predicts: "He'll have
an army, an air force and a navy when everyone else has at best one or two
of those things. He could drive a bunch of consolidation in the industry."
And Jamie Kellner, a former Murdoch lieutenant who went on to found the WB
network, agrees: "With DirecTV, he'll be very aggressive in marketing. He'll
use all the tools he's used around the world to get a larger market share
here. Murdoch is willing to take risks that others wouldn't." (Los Angeles
Times 22 Dec 2003)
http://www.latimes.com/technology/la-fi-murdoch22dec22,1,1775291.story?coll=la-headlines-technology