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Solve : Media ownership limits ??

Answer»

Based on FCC remarks.
Quote

Do media OWNERSHIP limits make sense?
By JOELLE TESSLER, AP Technology Writer Joelle Tessler, Ap Technology Writer –June 21, 2010
WASHINGTON – Even the news industry's free fall probably will not be enough to wipe out complicated federal RULES designed to restrain the power of media companies.
For decades, the Federal Communications Commission has imposed strict limits preventing any company from controlling too many media properties in the same market. These limits were established to ensure that communities have choices of newspapers and local TV and radio stations.
Read the story
It now extends into the Internet and how we use our computers.
Full Story:
http://news.yahoo.com/s/ap/20100621/ap_on_hi_te/us_fcc_media_ownership_rules
If carried to the logical extreme, it would mean the Microsoft would have to divide up its dominant position in the Desktop market with Apple and Linux.
Many years ago media ownership limits made sense. Back in the 60's most cities had three or four TV stations, and most people used antennas for reception, and one newspaper. Today almost everyone has either cable or satellite with hundreds of channels.

If newspapers are going to survive, which I hope they do (even though I seldom read them anymore), they are going to need to partner with other media to share costs.

When TV first started up, it was predicted it would kill both the radio and movie industry, both of which are alive and well today. The Internet and newspapers are a different story. News online range from CNN, MSNBC, Foxnews, and numerous fringe's sources. Classified ADS were one of newspapers most profitable sections, and with EBay and Craigslist a lot of that source of revenue is gone for newspapers.


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