After yesterday's wonderful news of Chris Dodd's successful scuttling (for now) of the FISA/Telecom Immunity measure, this news is more than a bit of a downer. I thought maybe, just maybe we were on a roll or something.
Allowing media giants to even further consolidate serves no public purpose. All it does is allow already rich companies to get richer and for fewer people to control media messages. Sorry, but no matter how you slice it, this sucks.
FCC agrees to new media ownership reform
The Federal Communications Commission, overturning a 32-year-old ban, voted Tuesday to allow broadcasters in the nation's 20 largest media markets to also own a newspaper.
FCC Chairman Kevin Martin was joined by his two Republican colleagues in favor of the proposal, while the commission's two Democrats voted against it. . .
Read more at: Raw Story