Should Station Ownership Limits Continue? Newsmax Thinks So.
Newsmax submitted a filing with the FCC urging it to keep the limits on TV stations’ ownership — where a single owner cannot exceed 39% of all U.S. TV households.
That may have some scratching their collective heads.
The conservative-focused TV cable news network wants to keep around a decades-old restriction that seems to fly in the face of conservative business mindset of letting the free market decide — with no or little regulatory oversight.
Related Knowledge Center: State of the business model
The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.