The Federal Communications Commission approved Friday the $6.6 billion purchase of satellite tv giant DirectTV by Rupert Murdoch who runs News Corps and Fox News. According to the Los Angeles Times the deal will make Murdoch the nation’s only media titan with satellite, cable and broadcast assets in the U.S. Murdoch owns the Fox network, the Fox News channel, 20 regional sports channels, 35 other TV Stations, the New York Post and the 20th Century Fox movie studio.