US agency ends 39% household cap on local TV station owners

40 pointsposted 10 hours ago
by voxadam
(reuters.com)

20 Comments

Spoom

8 hours ago

Someone tell me how it would be "in the public interest" to allow one owner to control more than 50% of the market.

gmerc

6 hours ago

What’s good for Trump is good for the US.

ulfw

5 hours ago

Because the US now belongs to Trump

alrtd82

9 hours ago

Brendan Carr is a dummy (TM)

elkabong

3 hours ago

gregorian chanting intensifies

laughing_man

5 hours ago

Does it really matter anymore? How many people get their news and entertainment from local TV stations?

x______________

4 hours ago

>Does it really matter anymore?

If it didnt matter, they wouldn't be changing the rules to consolidate power.

laughing_man

an hour ago

Is that what's going on, though, or is it just that with fewer viewers the industry needs consolidation?

nickphx

6 hours ago

How does a commission override a congressional ruling though? Seems like the "checks" part of the "balances" is a bit out of balance.

0xy

9 hours ago

TV is dead so who cares if it consolidates. In fact, consolidation is probably the only way it staves off complete collapse for a few extra years.

The average age of a Fox News, CNN or MSNBC viewer is 60+.

The median 20 year old NEVER watches TV.

nixon_why69

7 hours ago

Check out these 2 maps: https://nitter.space/ettingermentum/status/20852027930783992...

Measurable, double digit swings based on which counties got TV ads in a $70m vs $10m spending campaign.

0xy

6 hours ago

Seems totally legit!

Harris+Biden spent $770M on TV ads while Trump spent $350M.

How about 2016? Clinton spent $400M on TV ads while Trump spent $125M.

How'd that go for them? Really seeing those double digit improvements.

nixon_why69

6 hours ago

Different campaigns, you're comparing a presidential general election to a senate primary.

You're also ignoring superpacs in those presidential runs. You know how many NRA sponsored ads about "her emails" I saw in 2016?

TV is far less dead than often assumed.

goatlover

7 hours ago

You can watch tv programs via streaming services. Youtube ABC News channel has 16.7 million subscribers. Clips of those shows can be found all over social media.

There's a reason the current administration wants consolidation. It's to control the narrative. The same reason their rich supporters buy up news media companies.

0xy

6 hours ago

There are independent YouTube channels routinely pulling 10x prime time ABC News numbers. Not just 1 or 2, more like thousands. The world has moved on.

I mean you can blatantly see who's watching this garbage by tuning in. The primetime ads are adult diapers, dementia pills and retirement financial products.