Media consolidation: Coming soon to a city near you
Today, the Federal Communications Commission has given media companies a bit more freedom. On party lines, the Commission voted to allow businesses to own both newspapers and television or radio stations in the same city. So what does this mean? It means that MediaNews Group, owners of the The Detroit News could start buying up Detroit television stations, if they so choose.
Proponents of such restrictions worry that media consolidation stifles critical voices in a community. If multiple media in a city are owned by the same people, chances are you'll be hearing the same stories - and the same opinions. However, opponents like the FCC argue that, in the Internet age, there are plenty of alternative voices through blogs and other online news sources. All such restrictions do hasten the death of newspapers.
So should we be worrying about Rupert Murdoch and his ilk snatching up newspapers and TV stations? Or have the Arbor Updates and Ann Arbor is Overrateds of the world changed how we consume news? What do you think?