BART SIMPSON CALLING

MCI HAS THE PIPELINE. NEWS CORP. HAS THE CONTENT. NOW THAT THEY ARE UNITED, MURDOCH HAS THE MONEY

Rupert Murdoch isn't somebody to sit back and count his blessings. It was just two weeks ago that the U.S. Federal Communications Commission took a load off his mind when it decided not to force him to reduce his ownership stake in eight stations that are at the center of his Fox TV network. With that major distraction out of the way and the coffers of his News Corp. global media empire bursting--he boasted recently of having $1 billion on hand--everybody figured it was just a matter of time until his next big move.

No time at all, as it turned...

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