More on the FCC Rules Changes

Forbes has a nice summary of the FCC's changes. My conclusion: the sky is hardly falling. Indeed, while some see the ability of TV stations to own radio stations and newspapers in the same town as one of the Four Horsemen, I would argue that such mergers may lead to better services to consumers (for example--local newspapers tend to have better reporting capabilities than do local TV stations, so the sharing of resources between a TV station and a local newspaper could be a boon, rather than a doom, to news consumers).