« Blatantly unfair, unbalanced? | Main | St. Pete Times prints ad blaming gay people for hurricane »

The fake cross-ownership quandry

In recent weeks, Sam Zell and the Tribune Co. have bounded about Capitol Hill trying to convince lawmakers to let them retain ownership of television stations and newspapers in several markets where they own both.

You might remember that former FCC chairman Michael Powell bumbled this issue a long while back. It was supposed to be a sure thing but quickly deteriorated into mass hysteria in which media companies were supposedly trying to rule the world.

According to conspiracy theorists, media can't be trusted to own the major newspaper and television station in the same market. To me, their logic implies we're allowed to publish in multiple mediums just so long as we're not very good at it.

When barriers to cross-ownership fall, it will trigger a Golden Age in media, during which convergence better serves the people. A reader should be able to get news from USA Today in any medium they want. The same goes for the local market. I should be able to watch news from my newspaper, or read it, or listen to it on the radio. There’s no reason to constrict news organizations by medium.

But I don’t know if that was part of Zell’s argument to legislators. Being a business man, I’m guessing he told them that the restrictions were killing his business. It’s hard enough to compete in this world of exploding media choices, nevermind when the government doesn’t let you participate in all the choices.

Comments (1)

I think that one of the very negative effects of these cross-ownership rules has been to protect existing news outlets from competition, and this has not been good for these outlets or the consumer. Now that there is real competition coming from everywhere, many news outlets are at a loss as to how to react to maintain their franchises. (Steve Boriss, The Future of News)

About this post

This page contains a single entry from the blog posted on July 3, 2007 9:34 PM.

The previous post in this blog was Blatantly unfair, unbalanced?.

The next post in this blog is St. Pete Times prints ad blaming gay people for hurricane.

Many more can be found on the main index page or by looking through the archives.

About Lucas

Creative Commons License
This weblog is licensed under a Creative Commons License.
Powered by
Movable Type 3.33