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View Full Version : U.S. Court Blocks Plan to Ease Rule on Media Owners


zimv20
Sep 4, 2003, 01:03 AM
http://www.nytimes.com/2003/09/04/business/media/04FCC.html?hp


A federal appeals court issued a surprise order today blocking the Federal Communications Commission from imposing new rules that would make it easier for the nation's largest media conglomerates to add new markets and areas of business.



The decision came a day before the new rules, considered among the most significant efforts at deregulation adopted during the Bush administration, were scheduled to take effect. It followed two hours of oral arguments at an emergency hearing this morning by a three-judge panel in Philadelphia and was a sharp setback for the largest media companies and for the commission's chairman, Michael K. Powell.

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this is great news. when the FCC was putting forth the new rules, even mr. powell couldn't come up w/ how it would benefit consumers.

Sayhey
Sep 4, 2003, 01:32 AM
Indeed it is good news. Clear Channel has enough of a monopoly on the radio airwaves we don't need to allow them to buy up more.

zimv20
Sep 4, 2003, 01:52 AM
Originally posted by Sayhey
Clear Channel has enough of a monopoly on the radio airwaves we don't need to allow them to buy up more.

it surprised me when i heard it, but apparently CC doesn't have much interest in the TV market.

look for Disney, Tribune Co. and the like to expand their holdings. if the rule changes are allowed to go into effect, of course.