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kkholland

Investors Urge FCC to Relax Media-Ownership Rules - WSJ.com - 0 views

online.wsj.com/...SB126333303180026671.html

media industry economics media ownership FCC regulation loosening ownership consolidation

shared by kkholland on 13 Jan 10 - Cached
  • "We have so many other voices out there, [loosening ownership limits] does not stifle the free exchange of ideas out there anymore," said Rick Peters, president of Bluewater Broadcasting, a small Montgomery, Ala.-based radio company
  • FCC officials are looking at what the agency can do to improve the health of the newspapers, TV and radio stations, which continue to lose customers and advertising revenue to online competitors.
  • "Debt and equity providers are largely disinterested in media and broadcast properties," said Brian Rich, managing partner at Catalyst Investors, a New York private-equity fund.
  • ...2 more annotations...
  • Former FCC Chairman Kevin Martin ran into strong opposition from Democrats in 2007 when he proposed relatively modest changes to a long-standing rule that barred companies from owning both a newspaper and TV or radio station in the same city. The proposal was eventually adopted but almost immediately challenged by activists in a federal appeals court, where it remains pending.
  • After the workshop, a nonprofit interest group opposed to media consolidation, Free Press, released a statement expressing disappointment that the FCC did not include the views of consumer advocates on the panel. In a statement, an FCC spokeswoman said the workshop was focused on broadcasters' access to financing and was "one in a series we will hold throughout the proceeding."
  • scwalton on 13 Jan 10
     
    "Media-ownership rules should be loosened to allow more consolidation and attract capital to the industry, representatives of the investment community said Tuesday at a Federal Communications Commission workshop on how the agency might change ownership rules later this year."
  • Theresa de los Santos on 15 Jan 10
     
    At an FCC workshop, industry representatives argue for relaxed media-ownership rules to allow more consolidation and to attract capital to the industry. FCC officials are looking at what the agency can do to improve the health of the newspapers, TV and radio stations, which continue to lose customers and advertising revenue to online competitors.
Ethan Hartsell

Investors Urge FCC to Relax Media-Ownership Rules - 0 views

online.wsj.com/...SB126333303180026671.html

Consolidation

shared by Ethan Hartsell on 14 Jan 10 - Cached
  • Ethan Hartsell on 14 Jan 10
     
    "Media-ownership rules should be loosened to allow more consolidation and attract capital to the industry, representatives of the investment community said Tuesday at a Federal Communications Commission workshop on how the agency might change ownership rules later this year."
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