THURSDAY, APRIL 24, 2008
Senate Committee Wants to Dump Cross-Ownership Rule
Last year, the FCC ruled in a split decision to allow one company to own a newspaper and one
radio or TV station in the same market. Now
AP reports:
A Senate committee
voted Thursday to nullify a recently approved Federal Communications
Commission rule that allows media companies to own a newspaper and a
television station in the same market.
The White House promises to veto such a bill. This is probably not a terribly hot issue at the moment because so few in their right minds want to buy a newspaper. The exception is the Murdoch mega-deal to buy Newsday, which would require a new cross-ownership rule.
Among the 25 co-sponsors of the resolution are Sens. Hillary Clinton and Barack Obama.
Here's the resolution and the co-sponsors.
Posted at 5:13:28 PM
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