Is Antitrust Law The Best Way To Keep American Media Free and Fair?
Ohio offers an example of a bad outcome.
This is just absurd: to comply with federal regulations barring owners of daily newspapers from also owning local broadcast stations, the owner of the venerable Dayton Daily News in Ohio may knock it down to three-times-a-week publication so that it won’t count as a daily anymore. Keith J. Kelly of the New York Post spotted the story, Cox Media Group outlined the plan in a press release a few weeks ago, and Joshua Benton at Nieman Lab has more:
To increase the quality of local journalism in Ohio, the Federal Communications Commission is requiring three newspapers to stop printing daily….
Did you get that? To strengthen the local news ecosystem in Dayton, the government is making its biggest newspaper publish less.
The rules date back to 1975 when the Federal Communications Commission (FCC) adopted regulations barring cross-ownership of local broadcast and newspaper properties while grandfathering in existing arrangements. It was never a good rule, but progressive social critics then as now traced countless social ills to media concentration and for-profit ownership of the press (what’s new these days is that populist conservatives crusade against the corporate media too).
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