Let The Consolidation Continue
/Other than the owners and shareholders of the big media companies, there are not many that think all the TV stations in the country should be owned by just a few companies.
But, that is the road we are going down and the Supreme Court is not going to stand in the way.
This week, the Supreme Court upheld a move by the Federal Communication Commission to relax media ownership rules, handing down a unanimous ruling that favors large broadcasters.
The decision will likely mean more media consolidation at the expense of minority and female media ownership.
This decision also tosses out a rule that had barred a single company from owning a radio or TV station along with a newspaper in a single local market.
In other words, a single media company can now own the local newspaper you read, the TV station you watch, and the radio station that you listen to. A single company can basically have control over the news that you are presented.
This decision is a huge win for the big broadcasters, but it is a loss to the consumer and to the diversity of broadcasting.
Just saying…..