Editor’s note: This is a guest post by Joseph Pope (Linkedin), who works in Broadcast Media. He previously worked at MTV Networks as a Senior Sales Planning Analyst. He has BS, Information Studies and Technology from Syracuse University, and has a MBA, Finance and Media Management from Fordham University.

Did you catch Fox’s hottest new fall TV drama? If you don’t live in the Northeastern United States, you may have missed it. It wasn’t a new show, but a contract dispute over carriage fees between Fox and their distribution partner Cablevision.

During fruitless contract renewal negotiations in mid-October, News Corporation-owned Fox blacked-out their channels from Cablevision households, affecting 3.5 million homes in Long Island, Brooklyn, New York City, Connecticut and New Jersey. Cablevision risked losing angry consumers who might abandon their service for competitors while Fox had to bear substantial decreases in ratings.

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Rupert Murdoch, the Chairman and CEO of News Corporation, sat down with Sky News today to discuss how people should access internet news content.

Murdoch, who owns the WSJ.com, argues that people should have to pay some sort of marginal premium to access the content. He argues that people should have never had access to this content free of charge to begin with.

What he’s considering now is to end the partnership between Google and the WSJ, where Google would no longer be able to index WSJ.com content. That means the WSJ feed would not only disappear from Google News, but from the entire Google search.

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The world’s largest conglomerate, News Corp, has posted a massive $6.4 billion loss. News Corp owns the Wall Street Journal, Fox, MySpace, Dow Jones & Co, among other popular companies. News Corp would not break down net profits for any specific company, instead only posting aggregate numbers. News Corp CEO Rupert Murdoch said, “our results for the quarter are a direct reflection of the grim economic climate,” News Corp continues to cut costs at Down Jones including with salary freezes, and job cuts, and says it expects to save the company more than $40 million by June 2010. The Wall Street Journal also announced it would cut 25 editorial jobs today.