More Media Consolidation Coming Soon
Logic Bomb writes: "According to the Washington Post, a federal appeals court yesterday made a ruling that could make the last couple years of media consolidation look like nothing. Some major FCC rules about media ownership were ruled as "arbitrary" and therefore illegal, most importantly the one preventing a company from owning the cable system and television stations in the same place. Also, though the FCC gets one more chance to defend it, the rule about a company not owning stations reaching more than 35% of the national viewership may get tossed out too."
$ whois www.mcaoltimewarnercnnattcomcastnbcabccbscisco.com
McWorld (NETBLK-MCAOL-DTC)
1 OwnJ00 Wy
McCentral, McVA 00001
McUS
McWorld
Netname: AOL-DTC
Netblock: 0.0.0.0 - 255.255.255.255
Coordinator:
McAmerica Online, Inc. (AOL-NOC-ARIN) domains@AOL.NET
0
Domain System inverse mapping provided by:
DNS-01.NS.AOL.COM 1.1.1.232
Record last updated on 27-Apr-1998.
Database last updated on 19-Feb-2002 19:57:50 EDT.
The biggest trick the devil pulled was letting lawyers become politicians so they can write the laws.
Yes, any empire that gets larger than its carrying capacity will eventually fail. Certainly. An empire encompassing the Mediterranean, most of Europe, and some of Asia and Africa is impractical when it takes three months to get a message from one corner to the other, let alone a defense force.
The carrying capacity of a physical government, needless to say, has grown. The carrying capacity of a media corporation is likely much larger than the earth. Your argument is optimistic, but I can't say I buy it. AOL Time Warner might crumble if it tried to overextend itself to, say, Alpha Centauri, but something tells me it'll do just fine capturing, say, 99% of the market share.
"Beware he who would deny you access to information, for in his heart he deems himself your master."