This has been a long-time coming, but yesterday the F.C.C. announced that it essentially would NOT be changing the rules about media ownership. Broadcasters are upset because they wanted to go on another buying spree, but I'm with the F.C.C.
Yes, the media landscape has changed with the advent of streaming audio and satellite radio. However, giving companies the right to buy MORE radio stations and MORE television stations will NOT do a thing.
Except make the situation worse.
That's what I believe. I have yet to see any evidence of any kind that allowing a handful of people unlimited media ownership would help. It would do exactly what it did last time.