FCC chief proposes to relax media ownership ban
Tue Nov 13, 2007 2:41pm EST
By Peter Kaplan
WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission on Tuesday proposed that the agency relax its ban on the cross-ownership of newspapers and broadcast stations in the 20 biggest U.S. cities.
The "relatively minor" rule change would help bolster the newspaper industry by allowing owners in the top markets to buy a TV or radio station, FCC Chairman Kevin Martin said.
Read Reuters story here --> http://tinyurl.com/2a846r
Yet another example of why traditional media is screwed. While Internet media companies thrive and morph at the speed of light, traditional media still has to call on the FCC hat in hand to ask permission to make the most obvious of business decisions.
Tue Nov 13, 2007 2:41pm EST
By Peter Kaplan
WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission on Tuesday proposed that the agency relax its ban on the cross-ownership of newspapers and broadcast stations in the 20 biggest U.S. cities.
The "relatively minor" rule change would help bolster the newspaper industry by allowing owners in the top markets to buy a TV or radio station, FCC Chairman Kevin Martin said.
Read Reuters story here --> http://tinyurl.com/2a846r
Yet another example of why traditional media is screwed. While Internet media companies thrive and morph at the speed of light, traditional media still has to call on the FCC hat in hand to ask permission to make the most obvious of business decisions.