A business exists to make a profit. This is a contention that even a child understands. In order to have the doors open and to be successful a company moldiness find ways to keep costs down and revenue enhancement up. The business of media is no different. One way that the media corporations try to do this is by encounter together with other media out allows and becoming more than streamline. They be able to combine their resources and in turn lease down prices for the consumer. In the piece by Michael K. Powell called, "Yes, The FCC Should Relax Its self-possession Rules", he makes a very valid argument for the relaxation method of ownership rules by the FCC. I think one of his better points was identifying how many media outlets there are today, thus making it harder to control what is reported on. If people don't like the information they are getting from the big corporations, they are able to go elsewhere such as other news shows or the internet. a nonher(prenominal) benefit for the consumer of relaxing ownership rules is that it will promote localism. By allowing cross-ownership it will allow for companies to better serve their communities by air out more local news. The article also talked about the benefits of newspaper-broadcast telecasting combinations having produced much better news coverage.
There is a very narrow line to toe when you talk about the merging of companies. We have learned from the past how damaging monopolies can be, not just for other business, but also for the consumer. Our government involve to handle these types of matters very carefully and decided what's in the beat out interest of all involved. I feel that in the case of media corporations it is alright to relax on ownership rules, but we cannot let them step over the line into all out monopolies.
There is a very narrow line to toe when you talk about the merging of companies. We have learned from the past how damaging monopolies can be, not just for other business, but also for the consumer. Our government involve to handle these types of matters very carefully and decided what's in the beat out interest of all involved. I feel that in the case of media corporations it is alright to relax on ownership rules, but we cannot let them step over the line into all out monopolies.
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