FCC Drops Media Ownership Changes

So happy to hear this. The FCC had proposed easing media ownership rules (which they've done in the past with disastrous results), and once again the public outcry made them withdraw the proposal. This appears to be one area the public won't allow billionaires to write their own rules. From the Wall Street Journal...

The U.S. Federal Communications Commission has withdrawn a proposal to relax the ban on owning multiple media outlets in the same market. The proposal would have paved the way for smaller TV stations to own newspapers. The agency plans to "reassess" the issue.

This is the right thing to do. I applaud the FCC for buckling.