FCC votes to ease media ownership restrictions

[RoyBoy]

http://news.yahoo.com/s/nm/20071218/media_nm/mediaownership_fcc_dc

 

[scottwmro]

http://news.yahoo.com/s/nm/20071218/media_nm/mediaownership_fcc_dc

This is good and bad, depending on the way you look at it. The bad part is that it cuts jobs, which has a impact on the economy. The good point is that when you have a failing station or newspaper, a group owner has the money and resources to put that media outlet back on it's feet.

My personal feelings are that I'm really against consolidation. What the FCC should do, and this was a requirement on applications years ago for CP's for new stations, the applicant must prove that they are financially qualified and stable to operate a broadcast station. I recall looking at applications for new stations that were filed in the 40's and 50's and this was a must. The FCC should go back to that policy, instead of allowing consolidation. This would give more deversified voices and owners in that are stable in the market place.

Of course, our "so called great" goverment system & leaders, including the current and past president and congress, has proven to be most unstable group of leaders this country has had in the last 50 years. Politicians in office from 1990 and up have screwed up the whole media system, including the FCC. I'm not blaming one political party, it's all parties involved in the decision making.

 

[Old School]

Politicians in office from 1990 and up have screwed up the whole media system, including the FCC.

While I won't dispute the fact that political powers messed things up in the '90s (circa 1996), it really started a bit before that when Reagan and SCOTUS rejected the idea of fairness. Competition to adequately "serve" communities began to wain. Many jobs have been cut. It's been something of a downhill slide for the industry ever since, IMHO. Some of the best and most dedicated talent to ever sit behind a mic became jaded, walking out the door and never to return.

I might be naiive, but I'm still hoping the industry can make a bit of a rebound. I will forever love radio; can't say the same, however, for the radio business. Maybe I can declare myself a non-profit and obtain a low-level license...

Hmmmmmm, "things to do in '08..."

 

[littlebigradio]

"I will forever love radio; can't say the same, however, for the radio business."

I couldn't have said it any better myself.

 

[FastBytes]

And there goes your freedom of choice
There goes the last human voice
There goes the last DJ

Tom Petty