That’s what I get for taking a month-long hiatus: the FCC goes all P.T. Barnum on our ass, in hopes of making suckers of us all.
In the center ring is the agency’s proposed changes to media ownership regulations. After hinting that he wished to ram through major changes allowing broad consolidation by the end of the year, and hustling to finish public hearings on the subject over the last month, FCC Chairman Kevin Martin – in a highly unusual move – published his own proposal to modify only the regulation that restricts cross-ownership of newspapers and broadcast stations in a single market. Unfortunately, as noted by the minority Commissioners, this proposed change contains loopholes that would effectively do away with the cross-ownership ban, while keeping its regulatory shell on the books. This has irked members of Congress, many of whom are threatening to legislatively intervene if the FCC moves on any media ownership rule changes before the end of the year.