The D.C. Circuit’s Feb. 19 decision to reject two Federal Communications Commission rules on media ownership meant a big win for mega-communications companies like Disney, Viacom, and Rupert Murdoch’s News Corp., which have suddenly become much freer to acquire new broadcast properties and keep the ones they own.
It was also a significant victory for lawyers from the D.C. office of Kirkland & Ellis, which led the charge for the television networks, and for AOL Time Warner Executive Vice President and General Counsel Paul Cappuccio, who happens to be a former Kirkland partner.
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