Friday, November 18, 2016

Big Changes Coming to the FCC

This used to be a pet project of mine, but I'm not sure I still have the will to fight it. With a new Republican FCC Chairman coming in, the FCC will undoubtedly relax media ownership rules again--which means that media will be soon be in the hands of even fewer people soon. That will put the final nail in the media coffin.

From Bloomberg...

Industry analysts who track the FCC expect Republicans to relax rules once they assume control of the agency in President-elect Donald Trump’s administration. That would include loosening restrictions on how many broadcast properties one company can own in any given market and lifting the ban on media companies owning newspapers and broadcast TV stations in the same market, a practice known as cross-ownership.