Tuesday, December 18, 2007

FCC Allows Broadcasters to Own Newspapers

The FCC voted 3-2 today to overturn a longstanding ban and will now allow broadcasters in the nation's 20 largest media markets to also own a newspaper.

This could get interesting.

Do you remember when it was a huge stink to have mega-companies, monopolies?

It seems the every swinging pendulum is hanging in the opposite direction at the moment.

In reading about the move, it seems that pretty much everyone was against the switch. Both sides of the political spectrum, Dem and Rep, didn't want the change.

They made another move which is going to have an impact on Comcast... they voted to cap the size of any cable company at 30% of the nationwide market. Comcast is bumping up against that 30% already.

That was another 3 - 2 vote, but it wasn't the same three-two as the broadcast / newspaper vote.

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