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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."

7 of 200 comments (clear)

  1. Spectacular by zpengo · · Score: 5, Interesting
    This is great news. Any empire that gets that large inevitably becomes unstable (see "Roman Empire", p. xxxvi). Maybe this is the only way to get revolution to occur.

    It's like a leashed dog. You hold the leash, the dog will pull on it. You let go, the dog will run around a bit then get tired and stop.

    --


    Got Rhinos?
  2. Who Owns What by SkewlD00d · · Score: 5, Informative

    Who Owns What, the list keeps getting smaller and the entries get longer.

    --
    The biggest trick the devil pulled was letting lawyers become politicians so they can write the laws.
  3. 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
  4. Not like it matters these days... by Riskable · · Score: 5, Interesting

    The reason why these restrictions were put into place were pretty much for NEWS. That way, you would never have just one (or even two) sources reporting the news (in theory, the stations will correct eachother and ferociously try to "get the scoop" first). It was to create competition and better the general quality of the content on your TV stations. The separation of local and cable-based viewership was also thought to be necessary in this regard.

    However, in recent years, companies that wish they could merge, but can't due to regulations, have found the perfect way around the problem: Content sharing agreements.

    So instead of having to come up with ORIGINAL programming, news, and movies, they can just copy eachother's work. These sharing agreements also cross into paper and Internet media as well.

    So it used to be that if media company X did something terrible, companies Y and Z would report on it. However, nowadays we'll see a content sharing agreement between company X and Y, with Z sharing content with Y as well. Since none of them want to lose their 'agreements' they won't say anything bad about eachother... Or resist buying into 3rd party content.

    This way they don't have to merge and they don't have to share revenues, but they can save a ton of money--at the cost of original programming and the public's best interest.

    --
    -Riskable
    "Those who choose proprietary software will pay for their decision!"
  5. 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.?

  6. 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.