Media Industry
Industry: Email Alert RSS FeedPaxson: It's crossownership or bust.
Broadcasting & Cable, November, 1998 by McConnell, Bill
Digital television will be a bust unless the FCC removes its ownership restrictions, Pax TV Chairman Lowell "Bud" Paxson said last week. "The broadcast, cable, satellite and computer industries are not strong enough individually to sustain the digital revolution envisioned by Congress," he told the Federal Communications Bar Association.
"The revolution will become an overnight sensation only when our industries sit down and negotiate equitable and strategic financial relationships." He called on the FCC to eliminate rules restricting media crossownership, dual networks and ownership of more than one station in a market. He also said that the cap on national audience reach should be lifted. The FCC's ownership review is taking too long, he...
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