It's a World of Media Plenty. Why Limit Ownership? "Ninety percent of the top 50 cable TV stations are owned by the giants that own the TV networks and the cable systems," said Michael J. Copps, one of the two Democratic commissioners who dissented in the vote over the new rules. "The top 20 Internet news sites are dominated by these same media conglomerates as well, or merely recycle news from existing non-Internet sources rather than providing more competition or diversity. Having more channels that are all owned by the same few people does not necessarily mean having more diversity of editorial opinion and definitely does not mean more competition. Plus, most cable does not offer local news."
Big Media Gets Bigger