Tuesday, October 27, 2020

NEWS CORP ADMITS IT HAS BREACHED FCC OWNERSHIP RULE

April 18, 2012 by · Leave a Comment 

With News Corp undoubtedly facing increased regulatory scrutiny in the U.S. as the phone-hacking scandal expands in the U.K., the company is acting to correct a breach of FCC laws regarding foreign ownership. The Wall Street Journal reported on Tuesday that the media conglomerate will likely suspend half the voting rights of foreign shareholders to […]