Does this Senate move threaten Newsday/Cablevision?

So the Senate doesn't like the FCC's move to dissolve the ban on newspaper/broadcast cross-ownership.  It looks as if that ban might stay intact if it passes the house and isn't vetoed by the president. Assuming that happens, how does this affect Cablevision's recent purchase of Newsday?  You've got the largest cable provider buying the largest newspaper on Long Island.  I'm just sayin' is all...