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More Media Consolidation Coming Soon

Posted by ryuzaki0 on from the conglomomegahypercorp dept.

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."

4 of 200 comments (clear)

  1. Unrestrained monopolies are poison to a republic by Mr.+Mikey · · Score: 5, Insightful

    When one corporation owns all the news outlets, they can decide what you see and hear, and have the money to buy whatever legislation or legal shielding they need. "But, I get my news from the net!" That's great... until they restrict that too. "But, some entrepreneur will start their own news service" Yes, perhaps... until OneCorp buys the right politicians, or puts pressure on your ISP. A nightmare.

    --
    wants to be the first monkey to touch the monolith
  2. Arbitrary? by Waffle+Iron · · Score: 5, Insightful
    Some major FCC rules about media ownership were ruled as "arbitrary"

    This is great news. There are thousands of arbitrary laws on the books that must now be repealed. Let's start with this one: in my state, you can't buy beer on Sundays before noon. What's up with that? Why not Tuesdays 2-6 p.m.?

  3. Microsoft is nothing by SilentChris · · Score: 5, Insightful
    I love people who are constantly arguing against the Microsoft monopoly on Slashdot, as if it were the most important thing in the world. It reminds me of people who fight for the lives of animals but could care less that a war is going on.

    THESE mergers are the killers, people. When you own all the media, all the ways to send it, and the people and resources to shape it, you have enormous power. Who cares if one company runs the software under a couple hundred million computers. We're talking BILLIONS of people affected by the media they see, hear, and consume.

    1. Re:Microsoft is nothing by akb · · Score: 5, Insightful

      Actually, Microsoft is becoming a media giant and its looks like it will be able to join the club. Bill Gates and Paul Allen have been investing in cable, telco, etc forever. Microsoft is bankrolling the Comcast / ATT merger, and has a plethora of media interests MSNBC, MSN, ISP for QWEST, ISP for DirecTV (and maybe soon Echostar as well), Xbox, cell phones, set top boxes. They are extraordinarily well positioned for broadband / interactive TV / video on demand services that are about to be rolled out.

      Its very clear that Microsoft has its sights set on cornering the new media market. And I agree that this pales to what they have done on the desktop.