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Prometheus Radio Project Against Martin’s Cross-Ownership Loosening
Last updated: February 21, 2008 - 10:06am
PROMETHEUS RADIO PROJECT AGAINST MARTIN'S CROSS-OWNERSHIP LOOSENING
[SOURCE: Broadcasting&Cable, AUTHOR: John Eggerton]
Prometheus Radio Project, which filed suit against the Federal Communications Commission's 2003 attempt to deregulate, isn't happy with FCC Chairman Kevin Martin's proposal to limit further deregulation to loosening the newspaper-broadcast cross-ownership ban either. In a filing to the FCC Tuesday -- the date by which Martin wanted to receive comments on his proposal -- Prometheus said the "very viability" of the newspaper business was not at stake, as the chairman and other supporters of loosening the ban had argued. The filing argues that newspapers and stations can get the benefits of sharing resources without taking the next step of common ownership and the Martin proposal will end up hurting minority media ownership.
http://www.broadcastingcable.com/article/CA6511367.html?rssid=193
* Prometheus Radio Project: "Nearly half of the TV stations owned by people of color are in the top 20 markets, and not one of them is in the top four of their markets. Thus, almost every one of those stations will be in the cross-hairs as potential acquisition targets. The dearth of minority ownership will be even worse if the FCC ultimately votes to go further than the Chairman’s current plan."
http://www.mediaaccess.org/filings/2007-12-11-PrometheusOwnershipComment...

