The FCC and Media Consolidation
An anonymous reader writes "A story on this evening's All Things Considered but also at Now with Bill Moyers reports this June, the FCC will choose whether to keep or drop longstanding rules limiting the number of media outlets (radio stations, TV stations, etc.) a company may hold in a single area. That means all the radio stations in your area, for example, may one day be controlled by one company, like Clearchannel or Rupert Murdoch's FOX Communications. One irony is virtually no news outlet is covering the story. Another is the justifying argument for this move comes from the emergence of new media, like the Internet and Cable/Satellite. Yet with all 100's of new TV channels available, there are only five major media companies out there controlling them all, and recent copyright rules applying to the Internet have all but squelched-out Internet radio. So the old rules might not be so outdated after all. But the only voices being heard in this argument are coming from the media giants." In a related story, AOL/Time-Warner is petitioning the FCC to lift the restriction forbidding AOL from launching "advanced" IM services without letting others access the IM network.
You make a good point, but I do not respond to name-calling Anonymous Cowards. Sorry.