DEBORAH MARCHINI, CNN ANCHOR: For awhile there, it was looking a little bit better for Rupert Murdoch in his bid to buy DirecTV from GMC's satellite corporation and give his worldwide television operations a significant outlet in the U.S. market. But we're hearing some words of warning. Hugh Carnegy is world news editor of the "Financial Times" and joins us with some of the latest interests that Mr. Murdoch is attracting -- Hugh.</s>HUGH CARNEGY, WORLD NEWS EDITOR, "FINANCIAL TIMES": Yes, good morning. Well, we've had an interview with Senator John McCain, who chairs the Senate Commerce Committee. And he's told us that he's concerned about the amount of power that Rupert Murdoch may accumulate if he goes ahead and acquires DirecTV, which, of course, would add 10 million satellite TV subscribers to his Fox TV network, to his 20th Century Fox movie studios, and to his newspaper interest in the "New York Post." And Senator McCain told us that this would give him power approaching that held by the legendary William Randolph Hearst, the great newspaper owner, who inspired the movie "Citizen Kane." Now, the interesting thing about this is that Senator McCain doesn't have regulatory powers, but what he could do is call hearings, summon Rupert Murdoch to explain himself, and generally probably cause a bit of mischief, which could be at least a bump in the road for Mr. Murdoch's dream deal to get Direc</s>TV. MARCHINI: All right, we'll stay tuned. Thank you so much, Hugh Carnegy of the "Financial Times." TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
McCain Challenges Murdoch on Possible DirecTV Purchase