BREAKING: FCC moving to all-but end rules prohitbiting media consolidation

http://ift.tt/2hzabuM

Quote:

The Republican-led FCC voted 3-2 to eliminate the 42-year-old ban on cross-ownership of a newspaper and TV station in a major market. It also voted to make it easier for media companies to buy additional TV stations in the same market, and for local stations to jointly sell advertising time and for companies to buy additional radio stations in some markets.

and

Quote:

Pai is also expected to call for an initial vote in December to rescind rules prohibiting one company from owning stations that serve more than 39 percent of U.S. television households, Reuters reported on Wednesday, citing two people briefed on the matter.

This is absolutely terrifying to anyone who is concerned about the rise of propagandistic media giants with no competiton.

via International Skeptics Forum http://ift.tt/2zLEA37