Deregulation (Media Studies)

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  • A climate of relaxed business regulations aimed at promoting competition and more efficient markets, which began in the 1970s. In the communications industry, it eventually culminated in the Telecommunications Act of 1996. This act removed the restrictions that had previously limited the number of television and radio stations that any corpo ration could own. It also allowed for cross-ownership so that a company could own television and radio stations or cable and broadcast networks in the same market. Proponents say that deregulation leads to competition and better financial support for outlets, while critics suggest that the resultant market consolidation has led to less variety in programming and less diversity in opinions and promotes content that only supports spon sors and other commercial interests. For more ...

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