FCC Proposal to Loosen Cross-Ownership Restrictions
FCC chairman Kevin J. Martin has made a controversial proposal on November 9, 2007 to loosen media ownership restrictions by allowing, under certain conditions, the ownership of either a television or radio station by a newspaper company in 20 of the major U.S. markets. Current FCC rules ban the ownership of a newspaper and a radio or television station in the same city by the same company, unless the company has been granted a waiver by the FCC. Many are critical of the move, suggesting that it will be harmful to media diversity.
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