Controlling the Media
Poster: Aron Schatz
Posted on June 2, 2003 at 4:20:43 PM
Awhile ago, the FCC made it clear that no company should be able to own all the media outlets (back then, TV, radio and print) as to not influence people. Now they are debating if the Internet provides enough sides of a news story to stop this law.
Quote
Proposed changes up for vote include lifting the ownership cap for television networks from 35 percent to 45 percent of the national audience and ending a ban on newspaper-television cross-ownership in all but the smallest cities. If the proposals are approved, media mergers would still have to be OK'd on a case-by-case basis by the FCC and the Justice Department.