Playball40
Veteran Member
Vote is today - expected to pass. This really sucks - IMO, way more damage than elimination of the main studio rule.
The Federal Communications Commission will vote Thursday on whether to relax decades-old rules that prevent the same company from owning a newspaper and TV station in the same market and limit the number of stations a company may own.
The rules come from a pre-cable and pre-internet era when newspapers and broadcast stations could dominate news and advertising in a community. Media companies say they need the scale of large ownership to reduce costs and increase a larger customer base.
Republicans control the FCC and the measures are likely to pass, but not without a stiff blowback. Common Cause, for example, says the Sinclair-Tribune merger would, "Give the company control of 233 stations – including in many of the country’s largest media markets – reaching 72 percent of U.S. households. If approved, the merger will lead to job loses, less competition and higher costs for consumers."