Wednesday, February 25, 2009

Fox's position in news oligopoly

A little historical background on why there --historically-- had been Federal Communications Commission (FCC) restrictions on one company's ownership of multiple media outlets in one media market:
There had been a growing outcry at the end of the nineteenth century and the beginning of the twentieth century against oligopolies (small numbers of companies controlling an industry) and monopolies (single companies controlling an industry).
In several sectors of industry the United States government established laws and agencies to increase competition and to limit monopolies and the monopolization of industries. The FCC limited media companies, whether headed by individuals, or run by corporations, to one media outlet (such as a newspaper, a radio station or a television station) in one media market.
A few media corporations secured exemptions to these restrictions. Rupert Murdoch's News Corporation secured numerous exemptions to this restriction. His corporation owns the tabloid newspaper, The New York Post, in New York City. And in the same city, his corporation owns channel 5 (WNYW) and channel 9 (WWOR). In Boston his corporation owns the tabloid, The Boston Herald, and channel 25 (WFXT). (See my Sunday February 22 post below to see the other metropolitan areas in which Murdoch's News Corporation owns multiple television stations.)

See Robert Greenwald/ Brave New Films' seminal video, "Outfoxed," on the News Corporation's Fox News' integration with Republican Party talking points.

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