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NAB: Ownership Decision Will “Hasten Great Decline” of Journalism

FCC will retain most cross-ownership rules

This outcome was expected of late, based on what we already knew; but this week comes word that the FCC had indeed approved Chairman Wheeler’s proposal on media ownership rules.

The National Association of Broadcasters had made its feelings known already but today issued a statement by NAB Executive Vice President of Communications Dennis Wharton:

“NAB strongly disagrees with the FCC’s decision to cling to long-outdated media ownership rules that no longer serve their purpose. For an agency that claims to be forward-thinking and focused on the future, when it comes to broadcasting, the FCC still applies analog regulation in the digital age.”

Wharton said that the worst part of the outcome was the decision not to remove its cross-ownership rules.

“The FCC’s greatest accomplishment with its latest order is to further hasten the great decline of our nation’s newspapers and the quality of journalism as a whole.”