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Re: Donna gets heard - and seen! (on Nightline, of course)
On 29 May 2003 at 11:14, Dan Billings wrote:
> If the cross ownership rules had never been in place, I think we would
> have a lot fewer one newspaper towns today. The cross ownership
> prohibition eliminated the most likely buyers of a failing paper in many
> towns. Would the Herald still exist if Murdoch had not bought it and kept
> it alive? I don't think we'll see any papers coming back if the rule is
> eliminated, but it might help keep papers alive in the few places where
> there are still two.
I must say, I've never particularly seen the need for the newspaper cross-ownership rule. It's
domination of one market that I don't like. Some participation in more than one market
seems fine to me. And, since it's clear that loss of the WHDH-TV license killed the Boston
Herald, we have an example close to home of the benefits of business diversification.
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A. Joseph Ross, J.D. 617.367.0468
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