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Break Up The Broadcast Plutocracy

by Chris Powell | Dec 11, 2018 1:05 pm | Comments (3)

(Opinion) — There are only two ways of awarding federal broadcast licenses — to diversify ownership of the news media or to concentrate it. The public interest is to diversify ownership and thus power, but federal policy long has been to concentrate ownership

It is about to get worse with Nexstar Media Group’s acquisition of Tribune Media’s television stations for $4.1 billion, a combination that will allow Nexstar to reach 39 percent of homes in the country.

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