Word: ownership
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Dates: during 1980-1989
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...amendment, introduced by Sen. Ernest Hollings (D-S.C.) at Kennedy's request, prevents the Federal Communications Commission from granting Murdoch any relief or review of the rule barring common ownership of a newspaper and a broadcast station in the same city...
...PROVISION, which Hollings described as "aimed directly" against Murdoch, prohibits the Federal Communication Commision from considering Murdoch's request that it reverse "cross-ownership" restrictions, which make it impossible for the same individual to own both a daily newspaper and television station in the same area. To keep Boston's Channel 25, and New York's Channel 5, integral to his attempt to build a fourth t.v. network, Murdoch will have to sell the papers...
Kennedy's statement that he aimed to serve "the best interest of Boston and the best interest of the First Ammendment," doesn't hold up. Cross-ownership restrictions have outlived their usefulness--and may actually contribute to growing concentration of media ownership...
Despite this, the cross-ownership restrictions keep newspapers from putting knowledge of local areas and communication expertise to use in television stations, from which profits could be taken to subsidize struggling newspapers...
...November, the FCC heard testimony from the Freedom of Expression Foundation, a respected Washington-based media monitoring organization, that "cross ownership" restrictions are no longer needed. And Kennedy and Hollings resorted to deceptive means only after the Senate subcommittee Hollings himself heads failed to clear the cross-ownership restrictions in July...