What Would Obama Do If Rupert Murdoch Bought NBC?

Perhaps, he would not even let it happen? Perhaps, he would try to “bailout” (buy) NBC from GE. Luckily for those of us who enjoy the free press, I think that is illegal… but who knows anymore? In this day and age, the politicians get away with about everything.

You may or may not have heard that Comcast was thinking about buying part of NBC from General Electric. After that happens, GE is still able to sell its non-controlling portion. This is where News Corp and Liberty Media come in to play. Both would be glad to purchase NBC.

Reuters reported:Rupert Murdoch’s News Corp (NWSA.O) and John Malone’s Liberty Media Corp (LINTA.O) are also interested in NBC Universal, though neither has approached GE so far, CNBC reported, citing sources.
News Corp, which owns the Fox cable network and local TV stations, had been seen as a less likely bidder, analysts have said, because taking a stake in NBC might raise antitrust concerns with the U.S. government

Oh you bet the government would raise antitrust concerns… But GE, one of the government’s biggest suppliers, owning NBC and MSNBC? No problem.

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