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FCC Removes Key Limit On Media Ownership


BUtterfield 8
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BUtterfield 8

The FCC removed  a key constraint on broadcasters’ ability to consolidate stations, voting to repeal an ownership cap put in place to try to limit power of any one media company.

The FCC’s 2-1 vote Thursday was to repeal a restriction that limits companies from owning stations reaching more than 39% of TV households. But it faces a potential court challenge, amid warnings that only Congress has the authority to remove the restriction.

FCC chairman Brendan Carr said that the move was long overdue given the dramatic changes to the competitive landscape, warning that inaction risked seeing local stations “going the way of newspapers.”

“It is time to restore balance to the broadcast airwaves,” Carr said. “Repealing the national cap will provide essential relief for local broadcasters by restoring a healthy counterbalance to the growing leverage of national programmers.”

He predicted that allowing broadcasters to increase scale will allow them to attract capital and boost advertising to produce news and other local programming.

Removal of the cap — which limits any company from collecting stations that reach more than 39% of the country — has long been a goal of broadcasters, who have complained that they have been unable to scale up to compete with unregulated tech giants as they have siphoned off local television advertising revenue. The FCC move was quickly praised by the main broadcast lobby, the National Association of Broadcasters.

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Roughhouse Dandy

Oh, great. Just what we needed right now. Won't have any messed up repercussions. Completely fine. 

This is my Hannah Montana™️ lipgloss.
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onTheBrink
44 minutes ago, BUtterfield 8 said:

“It is time to restore balance to the broadcast airwaves,” Carr said. “Repealing the national cap will provide essential relief for local broadcasters by restoring a healthy counterbalance to the growing leverage of national programmers.”

What a load of shi t. God almighty.

Edited by onTheBrink
you missed a bit
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SharkmanthaC

The station my husband does weather at is owned by NextStar. Big news for them if this passes Congress. 

she/her/hers
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SavetheEarthNow

The guy doing it is probably doing it because he's in the Epstein files and is being blackmailed. 

Edited by SavetheEarthNow
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gagzus

So what does this actually mean? Is this like a company can own loads and loads of like news networks and stuff? Effectively meaning republicans could buy more than just the likes of Fox for example.

Basically, is this right wing media crying there’s not more right wing media?

Edited by gagzus
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Nemo
58 minutes ago, SavetheEarthNow said:

The guy doing it is probably doing it because he's in the Epstein files and is being blackmailed. 

Brendan Carr is a hardcore ideological nutcase, he doesn't need more reason than that.

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Ladle Ghoulash
38 minutes ago, gagzus said:

So what does this actually mean? Is this like a company can own loads and loads of like news networks and stuff? Effectively meaning republicans could buy more than just the likes of Fox for example.

Basically, is this right wing media crying there’s not more right wing media?

More or less, tbh. It’s even worse than than just Fox, tho, when you consider two Trump allies have already consolidated quite a bit of control over the media between Larry Ellison and Bari Weiss.

Edited by Ladle Ghoulash
We have forgotten our public MANNERS
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Nemo
36 minutes ago, gagzus said:

So what does this actually mean? Is this like a company can own loads and loads of like news networks and stuff? Effectively meaning republicans could buy more than just the likes of Fox for example.

Basically, is this right wing media crying there’s not more right wing media?

It's really the other way around -- most of the media moguls are only marginally interested in the news side of the business. They don't support consolidation for the sake of increasing right-wing media, they support Republicans because Republicans (tend to) let them consolidate (and do whatever else they want to do). And they want to consolidate so that they can make more money.

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MOT

Sounds like a move towards State tv. I'll say one thing for fascists, they don't lack ambition.

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RAMROD

This is really bad for free speech, cos this will means more corporate influence which cause less diversity in viewpoints.  :bradley:

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