Well, folks. if you think news is packaged, celebrity and corporate puffery now, just wait!
FCC plans relaxation of media ownership rules, watchdogs say
John Byrne
Published: Wednesday May 31, 2006
Move to allow more consolidation could come as soon as June 15
The Federal Communications Commission is poised to propose new media ownership rules that will allow media companies to own newspapers, television and radio stations in the same city, according to media watchdog groups.
The proposed rule would dissolve a longstanding policy that prohibited corporations from owning a television station and a daily newspaper in the same market. The “cross ownership” rule, promulgated in 1975, was enacted to ensure media diversity.
Please find the RAW Story article here.
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Rupert Murdoch May Never Be Happy.
wizardofoz.warnerbros.com; Rawstory.com; imdb.com