NBC Calls Truce With Fox: NBC withdrew on Friday a complaint challenging the Fox network's ownership structure. NBC's action will not affect a separate Federal Communications Commission investigation into Fox's ownership because the network is not a party to that case, said Richard Cotton, NBC's general counsel. NBC said it dropped the petition because the company had succeeded in doing what it had intended to do: turning up the regulatory heat on Fox and convincing the FCC to re-examine its foreign ownership rules. Citing common political interests in pending telecommunications reform legislation, NBC officials said it makes more sense to work with Fox in Washington rather than fight.
Times Staff and Wire Reports
Copyright © 2019, Los Angeles Times