The L.A. Times (11/6/12) reports that following the election, the Federal Communications Commission appears likely to ease cross-ownership rules—because supposedly nobody cares about that stuff anymore.
You think it would be fun to run a newspaper? Tough.
The article by reporter Jim Puzzanghera tries to work up sympathy for media moguls:
Paul Boyle, senior vice president for public policy at the Newspaper Association of America, said the rules make it difficult for investors who have as little as a 5 percent ownership in a broadcast company to buy a newspaper in the same market.
Pity the poor billionaire who owns a mere 5 percent of Disney or Time Warner—and still they’re not allowed to buy a newspaper.
Pity the poor billionaire who owns a mere 5 percent of Disney or Time Warner–and still they’re not allowed to buy a newspaper.
Well then maybe we should all chip in and Buy them a subscription.
Or lobby government to insist that no one can have more than 5% of any media. That should make sure all billionaires are on an even level
Yachtscrew(love that tag) there you go again.Lets remove the ability of people to excel ,so as to lower (dwell on that word)the playing field that will give everybody a chance irregardless of their ability..I would laugh at that stupidity but it would insult the people who just voted for exactly that.Hope if you ever have to get an operation that you don’t get” me” lets say..A man fortunate enough to of received a stellar education, and excelled at every aspect in the practice of medicine.I hope you live your belief and get a Dr who has not received the great education.Who has had a few “bumps” along the way(lawsuits).But a man who is so emboldened by your drive to even the playing fields, now has an even chance to go to work on your heart.Good for you buddy.I got to respect a man willing to put his ass on the line for what he believes. :)