Appeals court & media ownership

["Tony Abruzzese" <abruzzese@biochem.bumc.bu.edu>]

There was no mention of radio ownership in the Newsscan digest quoted below:

The U.S. Court of Appeals has ordered the Federal Communications Commission 
to reconsider its media ownership restrictions, potentially sparking a new 
round of media mergers. The long-awaited decision struck down regulations 
that prevent companies from owning cable systems and broadcast stations in 
the same market, and restrict any TV station owner from controlling more 
than 35% of the national TV market....

...In immediate terms, the ruling relieves Fox Television 
and Viacom from having to unload excess TV stations they acquired from 
Chris-Craft and CBS, respectively. Both companies had received temporary 
waivers pending Tuesday's ruling. (Wall Street Journal 20 Feb 2002)
http://online.wsj.com/article/0,,SB1014147981825666560.djm,00.html  (Subscription req.)


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Tony Abruzzese                  e-mail: abruzzese@biochem.bumc.bu.edu
Network Administrator                         Biochemistry Department
              Boston University School of Medicine
Telephone:617.638.5092                               Fax:617.638.5339
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