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AccessMyLibrary    Browse    D    Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)    JUN-04    Appeals court reverses FCC decision concerning media ownership.

Appeals court reverses FCC decision concerning media ownership.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 25-JUN-04
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COPYRIGHT 2004 Daily News

Byline: Phyllis Furman

Jun. 25--The country's media giants won't be allowed to bulk up after all.

In a huge setback for the industry leaders, a federal appeals court reversed a landmark FCC decision that would have allowed companies to gobble up more TV and radio stations in a single market.

That will stop media empires, like News Corp. and General Electric's NBC, from grabbing more stations...

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