Reprinted with permission from MediaMatters.
Rupert Murdoch, the 86-year-old conservative mogul who heads Fox News and The Wall Street Journal, is attempting to reshape his sprawling media empire in a way that could vastly expand his role in U.S. political life.
Murdoch’s greatest asset in that endeavor is President Donald Trump, whom Murdoch has cultivated by serving as his informal adviser and giving him fawning coverage through his news outlets. That effort now appears to be bearing fruit.
Yesterday, the White House publicly signed off on a deal that would allow Murdoch to refocus his holdings on news programming, while Trump’s Federal Communications Commission (FCC) took a step that would allow Murdoch to dramatically expand those holdings.…