Concentration of media ownership
On June 2, 2003, The U.S. Federal Communications Commission (FCC), in a 3-2 vote, approved new media ownership laws that removed many of the restrictions previously imposed to limit ownership of media within a local area.The changes were not, as is customarily done, made available to the public for a comment period. Two commissioners requested this public comment period (the same two who voted against the changes) and their requests were denied without justification.
The news coverage of this event was very low-key.
A few of the points included:
- Single-company ownership of media in a given market is now permitted up to 45% (formerly 35%, up from 25% in 1996) of that market.
- Restrictions on newspaper and TV station ownership in the same market were removed.
- All TV channels, magazines, newspapers, cable, and internet services are now counted, weighted based on people's average tendency to find news on that medium. At the same time, whether a channel actually contains news is no longer considered in counting the percentage of a medium owned by one owner.
- Previous requirements for periodic review of license have been changed. Licenses are no longer reviewed for "public-interest" considerations.
For the changes:
Chairman Powell