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Stock impact report

Media and Democracy Project Urges FCC to Establish a 'Bright-Line Test' with Hearing on FOX Affiliate's Broadcast License [Yahoo! Finance]

Fox Corporation - Class A (FOXA) 
Last fox corporation - class a earnings: 2/5 04:05 pm Check Earnings Report
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Company Research Source: Yahoo! Finance
Duggan, William Kristol, William Reyner, and Preston Padden. The comments emphasize the importance of the FCC's action in this case and provide additional arguments in support of MAD's petition. (Source: MAD's press release) The coalition is asking the FCC to establish a 'bright-line test to provide clear guidance on when a hearing is required'. This is important because it would provide clear guidance and prevent the FCC from setting a 'dangerous precedent that undermines its own authority and the public's trust in broadcast media'. (Source: Preston Padden, former Murdoch lobbyist) The coalition asserts that this case is 'easily distinguishable from routine complaints by politicians about the political slant of a particular channel or classic journalistic prerogatives', and that it is about the deliberate business decision by the Murdochs and Fox to lie to the American people, which is a straightforward application of the FCC's statutory obligations. (Source: MAD's filing) Form Show less Read more
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