FCC Relaxes Media Ownership Rules

The FCC has relaxed controls on media ownership. “The Republican-controlled Federal Communications Commission voted 3-2 – along party lines – to adopt a series of changes favored by media companies. These companies argued that existing ownership rules were outmoded on a media landscape that has been substantially altered by cable TV, satellite broadcasts and the Internet. Critics say the eased restrictions would likely lead to a wave of mergers landing a few giant media companies in control of even more of what the public sees, hears and reads.”