Plan Would Ease Limits on Media Owners
The head of the Federal Communications Commission has circulated an ambitious plan to relax the decades-old media ownership rules, including repealing a rule that forbids a company to own both a newspaper and a television or radio station in the same city.
Kevin J. Martin, chairman of the commission, wants to repeal the rule in the next two months — a plan that, if successful, would be a big victory for some executives of media conglomerates.
Among them are Samuel Zell, the Chicago investor who is seeking to complete a buyout of the Tribune Company, and Rupert Murdoch, who has lobbied against the rule for years so that he can continue controlling both The New York Post and a Fox television station in New York.
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Again, this would be an awful, awful turn of events for the state of the media. Media conglomerates try and play the victim in this scenario and call the rules “antiquated.” The rules are there to keep the media in the hands of many instead of just a few. Sorry if it hurts your pocketbook a little, but some people want a little variety in their news and the comfort of knowing that someone hasn’t cornered the market on every piece of media in an area.
Don’t let this happen. Call your congressman, write a letter or send a carrier pigeon. I don’t think it will happen though, people will protest again just like when Michael Powell tried to do the same thing. Sorry Zell, Murdoch and the rest, you’re just going to have to settle with billions in profits instead of hundreds of billions. Excuse me if i don’t weep for you.