VITAMEDIAS
Results of FCC's Media Studies Are Released: Media consolidation has not reduced the diversity of programs on television and radio, although concentration of ownership may result in more TV commercials and similar slants in news coverage, according to government studies released Tuesday. [...]
One study, conducted by Joel Waldfogel, professor of business and public policy at the Wharton School at the University of Pennsylvania, suggested that consumers are using the Internet increasingly as a substitute for television news.
Because of the rise of the Internet, some have argued that the media-ownership rules no longer are needed.
FCC studies lean to deregulation: Jeff Chester, director of the Center for Digital Democracy, ripped the studies, saying TV news, for instance, cannot replace newspapers. "This is not a serious independent analysis. They did studies that would ratify their own preconception of the marketplace."
FCC Media Ownership Working Group Studies