Court Blocks FCC Media Ownership Rules
Dr. Mu writes "According to this story in today's Seattle Times, 'The 3rd U.S. Circuit Court of Appeals in Philadelphia blocked implementation of FCC regulations that would have allowed companies to own more radio and television stations in the same market, and directed the agency to rewrite the rules.' In the interim, the FCC has already granted waivers to the old (1975) rules. It's unclear whether these waivers will now be revoked. Nonetheless, this ruling spells relief for smaller media interests and the diversity they provide."
...of the big media conglomerates?
Isn't that one of the signs of the apocalypse?
A decision made to *prevent* monopolies? What's the world coming to! We'll be disbanding Microsoft before you know it!
...the FCC will be bought out by the SEC which was recently acquired by the FBI.
But seriously, these small stations have a lot of unique programming that should not be lost.
I've discovered a remarkable proof, but this margin is too small to contain it...
This ruling will hurt us in the long run.
Industry consolidation is good for the overall economy as it improves the economies of scale and productivity. Having a fragmented market will reduce the number of available choices in rural areas and further isolate these areas.
This account has been seized by the GNAA. That is all.
And we have to clean it up, as usual....
Yeah...I am outraged at the way my radio bill keeps rising. If this keeps up, I'm definitely going to switch to something fixed price, like my pirated MP3 collection.