FCC and Media Consolidation

TAMPA -

Tampa is home to a unique media venture - one company owns the local newspaper and the largest television station. This was done before federal rules outlawed cross-ownership back in the 1970's. Now the Federal Communications Commission is trying to decide if cross ownership can serve the public interest in the 21 st century. Meeting in Tampa Monday night, commissioners heard two sides of the debate. But some say this discussion is as dated as bellbottoms and the pet rock.

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