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Tell that to WTOP in Washington, DC or CBS in New York or WBBM in Chicago. But that is the reason you may be able to purchase your local newspaper someday. In reviewing whether or not radio should be able to eventually own a local newspaper, the commission says the nearly 40-year-old blanket prohibition on newspaper/broadcast cross-ownership is overly broad and that a change could be made. Here's why...
The Commission is looking for more comments on whether the prohibition on newspaper/radio combinations should be lifted. "Research shows that most radio stations do not produce significant amounts of local news and that most consumers do not rely on radio stations as their primary source of local news." The rule was put in place mainly to prevent Newspaper/TV cross-ownership.
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