User: newstrust Topic: Media
Category: Media Ownership :: Media Ownership
Last updated: Nov 18 2017 19:33 IST RSS 2.0
 
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Murdoch's next move 18.11.2017 BBC News - US & Canada
Several firms are reported to be interested in parts of 21st Century Fox, but would Murdoch really sell?
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FCC weakens limits on owning TV stations, easing Sinclair-Tribune deal 17.11.2017 LA Times: Business

Federal regulators rolled back a series of decades-old regulations Thursday in a move that will make it far easier for media outlets to be bought and sold — potentially leading to more television broadcasters, newspapers and radio stations being owned by a small handful of companies.

A major beneficiary...

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The FCC just repealed a 42-year-old rule blocking broadcast media mergers 17.11.2017 Washington Post
The FCC just repealed a 42-year-old rule blocking broadcast media mergers
FCC relaxes limits on owning newspapers, TV stations 17.11.2017 AP Business
NEW YORK (AP) -- Federal regulators have weakened rules meant to support independent local media....
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FCC weakens limits on owning TV stations, easing Sinclair-Tribune deal 17.11.2017 LA Times: Business

Federal regulators rolled back a series of decades-old regulations Thursday in a move that will make it far easier for media outlets to be bought and sold — potentially leading to more television broadcasters, newspapers and radio stations being owned by a small handful of companies.

The regulations,...

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Is Trump's FCC Slashing Regulations to Help a Conservative Broadcasting Giant Consolidate TV Stations? 15.11.2017 Truthout - All Articles
Democratic lawmakers are demanding an internal investigation of FCC Chairman Ajit Pai, who is working to roll back media ownership rules preventing the right-leaning broadcaster Sinclair Broadcast Group from gobbling up dozens of local TV stations. Reports indicate that the Trump campaign struck a deal for favorable coverage with Sinclair last year. Federal Communications Commission Chairman Ajit Pai arrives for his confirmation hearing for a second term as chair of the commission before the Senate Commerce, Science and Transportation Committee in the Dirksen Senate Office Building on Capitol Hill July 19, 2017, in Washington, DC. (Photo: Chip Somodevilla / Getty Images) Two Democrats on the House committee that oversees the Federal Communication Commission are asking for an internal investigation into whether Ajit Pai, the FCC's Republican chairman, has been improperly rolling back regulations to help the Sinclair Broadcasting Group secure a controversial merger that would allow  the right-leaning ...
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Today: How a Lockdown Helped Save a School 15.11.2017 LA Times: Commentary

Four people were killed and at least 10 injured when a gunman went on a rampage in a small Northern California community. Authorities say it could have been much worse.

TOP STORIES

How a Lockdown Helped Save a School

For 45 minutes, a gunman stormed through the Rancho Tehama Reserve in the northern...

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Why We Need to Confront the "Billionaires' Paradise" 14.11.2017 Truthout - All Articles
The concentrated wealth of the global plutocracy is the dark matter of the world economy: it is rarely glimpsed and difficult to measure, yet it reshapes everything around it. Two recent reports reveal ways corporations and the ultra-wealthy avoid taxes. In doing so, they offer a glimpse into this darkness. It's time to "strike back" -- not against wealthy individuals, but against oligarchy itself. (Photo: Charlie Schuck / Getty Images)   In times of great injustice, independent media is crucial to fighting back against misinformation. Support grassroots journalism: Make a donation to Truthout. The concentrated wealth of the global plutocracy is the dark matter of the world economy: it is rarely glimpsed and difficult to measure, yet it reshapes everything around it. Two recent reports -- the  UBS/PwC report on the "new Gilded Age" of the international billionaire class , and the  "Paradise Papers"  released by the International Consortium of Investigative Journalists (ICIJ)  reveal ways corporations and ...
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Rupert Murdoch spent a lifetime building a media empire — will he break it up? 14.11.2017 LA Times: Commentary

Rupert Murdoch is one of the most driven moguls in media, defying the odds for more than a half-century to build a global media empire from a small newspaper in Australia.

So many people were startled to learn the 86-year-old tycoon and his sons appear willing to sell some of their prized 21st...

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Has Trump's petty war with CNN spilled over to the Justice Department? 11.11.2017 LA Times: Commentary

In a surprising twist, the regulation-loathing, business-boosting Trump administration is threatening to block AT&T’s proposed $85-billion buyout of Time Warner on antitrust grounds, potentially derailing the creation of yet another media behemoth. Specifically, the Justice Department is reportedly...

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The Finance 202: Tax drama moves to Senate as Trump takes aim at House bill 9.11.2017 Washington Post
The Finance 202: Tax drama moves to Senate as Trump takes aim at House bill
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FCC Set to Allow One Corporation to Buy Every TV Station Where You Live: 'BradCast' 11/7/2017 8.11.2017 BradBlog
On today's BradCast: Very troubling news from the FCC, largely being ignored by both corporate media and Democrats, as the GOP-controlled federal agency is now set to make a disastrous decision to allow local media ownership monopolies as early as next week. [Audio link to show follows below.] But, first up ...
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Sky threatens to shut down Sky News to aid Fox takeover 8.11.2017 BBC: Business
The broadcaster says Sky News could be shut down if it proves an obstruction to its takeover by 21st Century Fox.
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Joe Ricketts Is a Walking Case for a $1 Million Maximum Income 7.11.2017 Truthout - All Articles
Truthout is funded by readers, not by corporations, lobbyists or government interests. Help us publish more stories like this one: Click here to make a tax-deductible donation! Late Thursday afternoon, multi-billionaire Trump donor Joe Ricketts shuttered the Gothamist and DNAinfo media empire he conglomerated in March. Ricketts closed the sites a week after staffers voted to unionize. In the process, he also made a stellar case for a $1 million maximum income. What is a maximum income? Taxing every penny someone makes over a million dollars by 100 percent and putting it back into public coffers. It would be hard to think of a better test case than Mr. Ricketts, whose net worth is around $2.1 billion and who -- like many rich people -- uses his wealth irresponsibly, and to the detriment of society. Ricketts spent millions of dollars supporting Republicans in the 2012 election cycle. During that time, he launched a $10 million ad campaign, predicated on describing then-sitting president of the United ...
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FCC Enables Faster Media Consolidation as Pro-Trump Sinclair Group Seizes Even More Local Stations 26.10.2017 Truthout.com
A major decision by the Federal Communications Commission Tuesday eliminated a decades-old rule that ensures community residents can have a say in their local broadcast TV station. This comes as the FCC announced plans Wednesday to abolish long-standing media ownership rules. Opponents say these changes will accelerate media consolidation, allowing massive corporate media companies, such as the right-wing Sinclair Broadcast Group, to buy up and control even more local stations. We speak with Andy Kroll, senior reporter at Mother Jones magazine, whose story in their new issue is titled "Ready for Trump TV? Inside Sinclair Broadcasting's Plot to Take Over Your Local News." TRANSCRIPT AMY GOODMAN: This is Democracy Now!, democracynow.org, The War and Peace Report. I'm Amy Goodman, with Nermeen Shaikh. NERMEEN SHAIKH: We turn now to a major decision by the Federal Communications Commission that eliminates a decades-old rule that ensures community residents can have a say in their local broadcast TV station. ...
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FCC plans vote on loosening of limits on media ownership 26.10.2017 LA Times: Commentary

The Federal Communications Commission is planning to vote in November on proposals to roll back ownership rules that were meant to support diverse voices in local media.

The newspaper and broadcasting industries have pushed for changes to the rules as they face growing online competition. Critics...

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The FCC plans to roll back some of its biggest rules against media consolidation 26.10.2017 Washington Post
The FCC plans to roll back some of its biggest rules against media consolidation
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O'Reilly scandal creates more headaches for Fox bid in UK 24.10.2017 AP Business
LONDON (AP) -- Bill O'Reilly's sexual harassment scandal is causing more headaches for 21st Century Fox's 11.3 billion pound ($14.8 billion) bid to take full control of U.K. cable network Sky Plc....
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Harvey Weinstein’s company might not survive his scandal. Why did Fox News survive Roger Ailes’s? 13.10.2017 Washington Post
Harvey Weinstein’s company might not survive his scandal. Why did Fox News survive Roger Ailes’s?
Cook County pop tax one step away from repeal after 15-1 test vote 11.10.2017 Chicago Tribune: Business
The Cook County pop tax is headed for repeal after commissioners overwhelmingly signaled their intent to do away with it, marking a big win for soda companies and store owners after both sides spent millions of dollars to sway public opinion on the issue. A 15-1 test vote on Tuesday makes ...
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