Does Murdoch Have An Edge In A Crucial Cable Tv Battle?

Get ready for a giant rumble on Capitol Hill: Rupert vs. the cable guys. Media mogul Rupert Murdoch, no slouch at winning in Washington, is lobbying Congress to rewrite copyright laws so that his planned satellite-TV system, American Sky Broadcasting (ASkyB), can offer consumers something cable operators provide but rival satellite systems usually can't: network programs and local stations. Cable operators, well aware of their critical advantage, are sure to fight fiercely to keep their edge.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.