New FCC rules mean one company can now own all the media in your town
Today in news that is definitely good because there are no longer any competitors around to say otherwise, Variety is reporting that the FCC has decided to ease back on some media ownership regulations. Essentially, the FCC has made it possible for one company to control a newspaper and multiple TV networks in a single area, all without even needing to hold a “main studio” in the coverage area. This is being done with the usual bullshit about how regulations should be changed to match the current “media marketplace,” but it will also make it easier for big media companies to merge together and consolidate their holdings, which will in turn make it easier for one or two companies to control basically all local TV stations and newspapers. In other words, welcome to Trump’s America.