Rupert Murdoch Acquires Cable

LOS ANGELES—Media-industry giant Rupert Murdoch made perhaps his most significant move ever Monday, acquiring cable for his L.A.-area mansion for an estimated $35 a month. “This puts me in strong TV-watching position well into the next century,” said Murdoch, who, according to a Wall Street Journal report, also paid a $50 hook-up fee as part of the deal. “With some 50 channels now in my possession, my vast media empire cannot be rivaled.” Murdoch acquired the stations by using his vast holdings and market influence as leverage against his local cable provider, who, sources say, approved the deal within four to five seconds. Murdoch promised that the cable acquisition will pave the way for “a historic ass-couch merger.”