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FCC changes in media ownership

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Some of XXX companies employees have opposed proposed changes in FCC regulations that will allow for more mergers overall in the print media and TV industry, permitting consolidation of up to 45% control in a geographic market prior to the FCC prohibiting further consolidation of media assets. The Editor of Consumer Reports magazine has recently wrote that "free TV and pay TV are completely intertwined. A handful of corporations own and control the vast majority of both." The public relations and lobbying team of the first tier media giants - GE, AOL/Time Warner, Viacom, and Walt Disney Co. - have requested we support the FCC's recommended changes in Congress.

Discuss the legal and ethical implications of the ongoing debate and take a position as to whether the changes should be allowed and would they benefit XXX company

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Solution Summary

A discussion of issues raised by the FCC changes in media ownership rights in different areas of media.

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The legal issues are really as much business issues as they are legal. Some issues, like the use of slander or copyrights can be a problem if one person is initially involved but the network of media outlets owned by the company pick up the story or use the copyrighted material illegally. Who is at fault and how can they be stopped, sued, reigned in are all legal issues. Business issues come under another umbrella such as monopoly where a single media entity could own all the media outlets in a specific region or area, limiting the information people in that area receives. When a television station, the local paper and radio stations are owned by a single ...

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