Media News - Thursday, April 03, 2008
US Senate panel delays vote on media cross-ownership ban
A U.S. Senate committee plans to vote April 24 on a measure to reverse federal rules that let companies such as Tribune Co. own a broadcast station and daily newspaper in the 20 largest markets. The Federal Communications Commission voted in December to allow such combinations. The Senate Commerce Committee Wednesday delayed a vote to nullify the action, according to an e-mail from the panel. The measure would need the approval of both houses of Congress and the president. Prior to the FCC vote, Tribune, Gannett Co. and Media General Inc. had been allowed to own TV stations and daily newspapers in the same markets under regulatory waivers. Those could be endangered if the resolution succeeds, Andrew Jay Schwartzman, president of the public-interest group Media Access Project, said Tuesday. President George W. Bush's advisers will recommend that he veto the resolution if it passes Congress, Commerce Secretary Carlos Gutierrez said in a letter released by his department. (Bloomberg)
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