The Federal Communications Commission says it will reconsider media ownership consolidation rules. “The rules are of great concern to giant media companies in an era of mergers and convergence of print and broadcast media inside individual companies. But they also affect every American through their impact on the credibility of news outlets, on the quality of public debate and on ‘whether TV and radio offer entertainment that is creative, uplifting and local or degrading, banal and homogenized’.”