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Proposed FCC Cross-Ownership Rule Change May Reshape Media Landscape.
Knight Ridder/Tribune Business News, May, 2003
By Michael Remez, The Hartford Courant, Conn. Knight Ridder/Tribune Business News
May 6--WASHINGTON--Early next month, the Federal Communications Commission is expected to take a series of votes on media ownership rules that could have a great impact on who provides the news and entertainment that comes into your home.
The debate about how much concentration of ownership to allow among media companies is reaching a critical point as the commission, whose chairman is the deregulation-minded Michael Powell, prepares to act on June 2.
"These could be the most momentous decisions coming out of the FCC in a decade," said Chris Murray of Consumers Union, a consumer advocacy group that has urged the commission to maintain ownership limits....
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