Ever Wonder Why Your Local TV News Stations Run the Same Damn Stories?
Now here’s where things really get sketchy: Media conglomerates such as Sinclair have bought up multiple news stations in the same regions—in nearly half of America’s 210 television markets, one company owns or manages at least two local stations, and a lot of these stations now run very similar or even completely identical newscasts, according to a new report from the Pew Research Center. One in four local stations relies entirely on shared content. (See chart at right.)
On Monday, the Federal Communications Commission finally took steps to curb the practice. The commission’s rules have long prohibited companies from owning more than one of the four top-rated stations in a given market. But there was no rule preventing a single company from managing more than one station per market. Companies exploited this loophole by controlling stations through “joint sales agreements”—essentially shell companies formed just to hold the broadcast license. “Removal of the loophole helps ensure competition, localism, and diversity in local broadcast markets by preventing a practice that previously resulted in consolidation in excess of what is permitted under the Commission’s rules,” the FCC said in a press release.
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