Citizens for Responsibility and Ethics in Washington (CREW) last week sent a letter to FCC Chairman Julius Genachowski asking the FCC to revoke News Corp's U.S. licenses. It also sent letters to the House and Senate Commerce Committees asking for hearings into whether Rupert and his son James Murdoch meet the FCC's character standards.
Medley Global Advisors analyst Jeffrey Silva said that any attempts by the FCC to threaten the Fox network could be entering dangerous political territory, especially during a presidential election year, as Fox is associated with conservative political expression in the United States.
"The idea that a Democratic administration, a Democratic Justice Department, a Democratic FCC would go down the road of license revocation proceedings against Fox, especially during an election year, would cause a firestorm," Silva said.
"The backlash would be that Democrats would be portrayed as trying to censor conservative political expression," he added.
Barring massive, overwhelming proof of wrongdoing and illegal activity within the United States that can be directly tied to high-level personnel at Fox stations, Silva said Fox's broadcast licenses were not in any near term jeopardy.
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