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Politics : Politics for Pros- moderated

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To: Tom Clarke who wrote (285971)	1/1/2009 12:21:11 PM
From: DMaA	Read Replies (1) of 793905

Plus, big media is having second thoughts about their antipathy toward de-regulation, at least for themselves: Reevaluating media regulations Tough times may call for lax restrictions By BRIAN LOWRY If it takes a big man to admit he was wrong, said man needn't be quite so magnanimous to concede that changing circumstances have altered his outlook. The perils of media consolidation have been a longstanding concern. Even during a stint working for Tribune Co. as they futilely attempted to squeeze synergies out of TV-print combinations, I banged the drum against allowing TV, radio stations and newspapers coagulate in too few hands, fearing ethical abuses or the nagging appearance of them, as well as the loss of independent voices to watchdog government and the media itself. Today, though, amid daily waves of depressing economic news, conflicted voices sound preferable to neutered or, worse, deceased ones. It's not a given that further relaxing restrictions on media consolidation would significantly benefit ailing broadcasters and newspapers at this late stage. Economies of scale certainly haven't kept Time Warner from shedding staff at its magazines or Tribune out of bankruptcy. . . . variety.com

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