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FCC Repeals Decades-Old Rules Blocking Broadcast Media Mergers (variety.com)

An anonymous reader quotes a report from The Washington Post (Warning: source may be paywalled; alternative source): Federal regulators rolled back decades-old rules on Thursday, making it far easier for media outlets to be bought and sold -- potentially leading to more newspapers, radio stations and television broadcasters being owned by a handful of companies. The regulations, eliminated in a 3-to-2 vote by the Federal Communications Commission, were first put in place in the 1970s to ensure that a diversity of voices and opinions could be heard on the air or in print. But now those rules represent a threat to small outlets that are struggling to survive in a vastly different media world, according to FCC Chairman Ajit Pai. One long-standing rule repealed Thursday prevented one company in a given media market from owning both a daily newspaper and a TV station. Another rule blocked TV stations in the same market from merging with each other if the combination would leave fewer than eight independently owned stations. The agency also took aim at rules restricting the number of TV and radio stations that any media company could simultaneously own in a single market. A major beneficiary of the deregulatory moves, analysts say, is Sinclair, a conservative broadcasting company that is seeking to buy up Tribune Media for $3.9 billion.

3 of 146 comments (clear)

  1. Re:Trump hates consumers by Anonymous Coward · · Score: 0, Troll

    Whatabout whatabout whatabout

    https://en.wikipedia.org/wiki/Whataboutism

  2. Canada is nearby, and about 50% more Socialist by raymorris · · Score: 1, Troll

    Canada is right next door, and significantly more Socialist. Since they have the third-largest petroleum reserves in the world, their standard of living is pretty good, like other oil-rich countries. You might enjoy it there.

  3. Re:It didn't work anyways by Cyberax · · Score: 1, Troll

    How to tell that a conservative is lying? His lips are moving! Here’s the list of papers endorsing Trump: https://en.m.wikipedia.org/wik...