Is last week's FCC ruling allowing newspaper owners to buy radio and TV stations in America's 20 largest markets a blessing to the beleaguered but noble newspaper industry, or a potentially damaging step toward media consolidation and lack of diversity?
Both. The so-called cross ownership ban had been in place for more than 30 years, implemented in an age when TV, radio, and newspapers were the only game in town. Now, proponents argue, the explosion of new media outlets and the ...