The FCC has officially caved in and sold the American media to Rupert Murdoch. They approved Murdoch’s purchase of a controlling interest in DirecTV. Now Murdoch’s company owns the skies.
The ruling stated the merger would “create a bigger competitor to the cable industry.” Say what? Seems like DirecTV was doing a fine job WITHOUT the FCC’s help. It doesn’t hurt that the cable companies like to make a game of pissing their customers off.
With Congress’s recent smackdown of the FCC’s ruling on media ownership, I really cannot see how Powell and Co. thought this was a good idea. I also can’t see how the Feds can green-light this deal when it recently nixed the EchoStar bid for the same company. Then again, Murdoch can afford the best lobbyists.
Once again, the circle of companies controlling the media grows smaller and smaller.
I’m starting to miss democracy.