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Broadcasting and Cable conducts a sit down interview with Steven Waldman, senior advisor to FCC Chairman Julius Genachowski, to discuss the Governments role in balancing old and new media. Subsidies and media industry economics are also discussed.

"According to current Korean media law, foreigners cannot become chief executive officers or executive editors. The media ownership law also states that foreigners cannot own a majority share of any media outlet in Korea."

"It may be a bitter pill for public critics to swallow, but media outlets have to operate in the black to continue operating. Antiquated media ownership rules are going to have to be revised to reflect reality."

Google has been awarded a patent that describes a software method for selectively restricting the availability of content on the basis of access privileges and geographical location. On the surface, it may look like this patent covers techniques for censoring politically sensitive content in specific countries-a practice that Google has recently spoken out against in its ongoing feud with China. A closer look at the patent's claims, however, shows that it has little to do with censorship and may actually relate to the company's controversial book scanning initiative.

FCC Chairman Julius Genachowski spoke today about some of the likely recommendations in the National Broadband Plan. Among them is a goal of 100 million households at speeds of 100 Megabits per second."

The Department of Justice and the FCC are performing antitrust reviews of the proposed Comcast/NBC merger.

"the court has dismissed RealNetworks' claims of antitrust violations on the part of the motion picture industry. The basis of the case, however -- whether Real or anyone will be able to market a product like RealDVD -- continues."

PBS reporting on media ownership

PBS' 2003 reporting on media ownership