Powell: Media Ownership Rules Will Prevail

FCC chairman Michael Powell believes his rule changes on big media ownership will stand, despite growing opposition in Congress. “His opponents claim that the power of big media firms is rising. Mr Powell says the opposite. With the growth of cable, satellite and digital media, the number both of media outlets and of owners has increased almost everywhere in America. After the success of Mr Murdoch’s Fox, there are now four rivals instead of three even among the big TV networks. ‘We have facts,’ claims Mr Powell. ‘They have none’.”