In one 3-to-2 vote, [FCC chairman Kevin Martin] sided with the agency’s two other Republicans to relax the newspaper-broadcast cross-ownership rules in the 20 largest markets. As part of that order, the commission also granted dozens of permanent waivers of newspaper-broadcast combinations in large and small markets that had been given temporary waivers as they awaited the outcome of the rulemaking.
Tuesday, December 18, 2007
FCC: MORE MEDIA DEREGULATION
Who wants to buy TV stations? Newspapers, for one. And now that's going to happen in the nation's largest media markets. The New York Times has it this way:
Translation: Television-station owners in Top 20 markets can buy newspapers -- or, more likely, newspapers can buy TV stations in those markets. It's all one big happy media family.