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FCC Delays Work on Media Ownership Rules

(Posted July 13, 2005 by Leah Yoakum)


Federal regulators on Thursday delayed the start of work on new, widely-awaited rules to loosen decades-old limits on how many broadcast stations and newspapers a company can own.

The Federal Communications Commission was slated to discuss the rules at its monthly public meeting, but pulled the issue from its agenda at the last minute.

FCC Chairman Kevin Martin said there were disagreements among the agency's four commissioners about the kind of public input that would be sought in crafting new rules.

Larger media companies have argued that the current restrictions are old and hinder their ability to grow and compete in a market changed by cable TV, satellite broadcasts and the Internet.

Source: TV Yahoo!

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