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:: 7.23.2003 ::
From AP not long ago:WASHINGTON - House lawmakers voted Wednesday to block a new regulation that would allow individual companies to buy up television stations reaching nearly half the nation's viewers.
The provision, included in a spending bill approved 400-21, would roll back part of a Federal Communications Commission decision overhauling decades-old restrictions governing ownership of newspapers and television and radio stations. That June 2 ruling by the Republican-dominated FCC was a victory for media companies who sought relaxed rules. Now, the provision approved today only addresses TV ownership, but it's a start. As it is, the White House has threatened to veto the final bill if it contains the provision, or anything similar. I don't really understand how Michael Powell can continue to tout his FCC ownership rules as "protecting localism, competition and diversity" when their loudest supporters are huge media conglomerates like NBC and News Corp. (owner of Fox and Viacom, which in turn owns CBS and UPN).
:: Deb 6:12 PM :: permalink ::
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