BrettR
12-02-02, 10:40 PM
The impact of the Internet and the expansion of cable and satellite TV will be discussed next month, as the Federal Communications Commission considers loosening ownership restrictions in what could be the largest overhaul of media regulations in a generation. The issue could also be raised if ABC News and CNN ever agree to merge, reducing the number of independently owned national television news outlets from five to four.
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For instance, in North Jersey, nearly 70 percent of the 75 basic service channels on Comcast are at least partly held by seven companies: Comcast, Viacom, AOL Time Warner, Disney, General Electric, the News Corporation and Liberty Media. According to an F.C.C. study, a significant number of the nearly 300 national television programming networks are owned by just 14 companies.
Full Story, Interesting Reading (http://www.nytimes.com/2002/12/02/business/media/02MEDI.html)
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For instance, in North Jersey, nearly 70 percent of the 75 basic service channels on Comcast are at least partly held by seven companies: Comcast, Viacom, AOL Time Warner, Disney, General Electric, the News Corporation and Liberty Media. According to an F.C.C. study, a significant number of the nearly 300 national television programming networks are owned by just 14 companies.
Full Story, Interesting Reading (http://www.nytimes.com/2002/12/02/business/media/02MEDI.html)