Thursday, October 18, 2007
Somehow I thought this was long gone.
The FCC has proposed some changes to the laws regarding media ownership.
The head of the Federal Communications Commission has circulated an ambitious plan to relax the decades-old media ownership rules, including repealing a rule that forbids a company to own both a newspaper and a television or radio station in the same city.If you have any question about whether this is a good idea or not, you need only consider who is for it. If that evil old fart Rupe Murdoch is for it, it has to be a very bad idea. That S O B has never done anything good for the US.
Kevin J. Martin, chairman of the commission, wants to repeal the rule in the next two months — a plan that, if successful, would be a big victory for some executives of media conglomerates.
Among them are Samuel Zell, the Chicago investor who is seeking to complete a buyout of the Tribune Company, and Rupert Murdoch, who has lobbied against the rule for years so that he can continue controlling both The New York Post and a Fox television station in New York.
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