He's still a most favored nation:
The details are not yet public, but according to reports, FCC Chairman Julius Genachowski circulated a proposal last week among his fellow commissioners that would end a longstanding ban on owning the major daily newspaper and radio outlets in the same market, and would allow one company to jointly own a daily newspaper and TV stations in the nation's top 20 markets.
Restrictions on media "cross ownership" were put in place to prevent media owners like Murdoch from monopolizing the news and information available in a single area, especially major media markets. The FCC could vote on the proposal as early as December.
While this doesn't yet seem to be a done deal, I nonetheless want to once again say "Thanks, President Clinton!"