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In reply to the discussion: We're now seeing the crumbling of the Fox News empire as we know it. [View all]bvar22
(39,909 posts)18. Far from "crumbling", the FOX Empire is EXPANDING, thanks to Obama's FCC!
What do you do if your Market Share is declining?
Push all the others Out-of-the-Market!
The Murdoch Media Empire is set to receive a HUGE Christmas gift from our FCC.

" The new rules would lift the 70s-era ban on newspaper-radio broadcast cross ownership, codify newspaper-TV-radio combinations in the top 20 markets and maintain local market caps on radio and TV ownership."
http://www.adweek.com/news/television/fccs-genachowski-circulates-media-ownership-order-145194
http://www.adweek.com/news/television/fccs-genachowski-circulates-media-ownership-order-145194
There IS a petition here,
for all the good THAT will do.
Rupert Murdoch the guy whos under investigation in England for phone hacking, influence peddling and bribery wants to get his mitts on the Los Angeles Times and the Chicago Tribune. These are the major papers in the nation's second- and third-largest cities (where, incidentally, Murdoch already owns TV stations).
Federal Communications Commission Chairman Julius Genachowski is trying to change the agencys ownership rules to pave the way for Murdoch to get exactly what he wants. Worse, Genachowski and Murdoch are keeping this all very hush-hush, hoping you won't notice.
These changes wouldnt just benefit Murdoch. If the FCC proposal passes, one company could own the major daily newspaper, two TV stations and up to eight radio stations in your town. And that one company could be your Internet provider, too. What is the FCC thinking?!?
http://act.freepress.net/sign/murdoch_powergrab/?source=website_node_feature
more here:
"Word is that Murdoch now covets the Los Angeles Times and the Chicago Tribune the bankrupt-but-still-dominant newspapers (and websites) in the second- and third-largest media markets, where Murdoch already owns TV stations.
Under current media ownership limits, he can't buy them. It's illegal ... unless the Federal Communications Commission changes the rules.
But according to numerous reports, that's exactly what FCC Chairman Julius Genachowski plans to do. He's circulating an order at the FCC to lift the longstanding ban on one company owning both daily newspapers and TV stations in any of the 20 largest media markets.
And he wants to wrap up this massive giveaway just in time for the holidays.
http://www.freepress.net/blog/2012/11/19/why-obama-fcc-plotting-massive-giveaway-rupert-murdoch
The FCC commissioner is appointed by the President, and serves at the pleasure of The President.
Federal Communications Commission Chairman Julius Genachowski was appointed by President Obama in 2009,
is close personal friend and major Bundler for the 2008 Obama campaign.
It is reported that FCC Commissioner Genachowski and President Obama are old college buddies,
and that they play basketball together.
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We're now seeing the crumbling of the Fox News empire as we know it. [View all]
JohnnyRingo
Nov 2012
OP
JR, thanks for sharing this information with all of us. Slow death to Fox is great to see.
southernyankeebelle
Nov 2012
#1
Yes, but more MEDIA CONSOLIDATION is on the way to help the one percent!
woo me with science
Nov 2012
#22