Back in the mid-90's the FCC loosened ownership requirements for radio stations. This in turn led to a massive consolidation in the industry. As a result of this, now all radio outlets in major cities are owned by two or three nationwide corporations. Many critics say it is this resulting lack of competition that has led to the uncontrolled proliferation of bland music and virtual extinction of innovative programing across the FM dial. With station managers now beholden to more & more layers of corporate management, no one wants to rock the boat.
Now the FCC has similarly loosened previously strict ownership requirements of TV stations. Under the new rules, the New York Times could theoretically buy up all the TV stations in the Big Apple, and no one will know what the hell is going on anymore. In other words, these new rules promise to do for television what the changes of seven years ago did for radio.
Sell your TV sets now, while you can still get a decent price on eBay.
Tuesday, June 03, 2003
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