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0  |  Regulat ng the A rwaves:  “A Toaster w th  P ctures” or a Publ c Serv ce?

                       and the Internet have diversified the media landscape, eliminating the need for
                       ownership restrictions.
                          In 1941, the FCC imposed its first restriction on media ownership: it prohib-
                       ited a single company from owning more than one same-service (AM or FM)
                       station in the same market. Five years later, it stated that a company could not
                       own more than one national radio network. In 1964, the FCC put restrictions on
                       TV station ownership, ruling that an entity under specific circumstances could
                       own at most two stations in the same market. In the 1970s, the FCC also pro-
                       hibited cross-ownership of a newspaper and a broadcasting station in the same
                       market and cross-ownership of a radio and television station in the same mar-
                       ket. The FCC also placed caps on how many broadcasting stations a company
                       could own nationwide.
                          The turn to deregulation loosened many of these ownership restrictions. The
                       1996 Telecommunications Act raised the national limit on how many television
                       stations a company could own and erased a national limit on radio station own-
                       ership. In 2003, the FCC voted to further relax media ownership restrictions and
                       was met by heavy public and congressional opposition.
                          At stake in these battles over media ownership has been a fundamental dis-
                       agreement over the relationship between media ownership and media content.
                       On the one side, people argue that diversity in ownership promotes diversity in
                       viewpoints expressed over the air. On the other, detractors posit that what pro-
                       motes diversity of views is the diversity of media outlets available to consumers,
                       regardless of who owns them. It is a battle that may persist as a mainstay on the
                       FCC’s agenda, as media concentration and the development of new technologies
                       continue to change the media landscape.

                       see also À La Carte Cable Pricing; Cable Carriage Disputes; Children and Ef-
                       fects; Communication Rights in a Global Context; Conglomeration and Media
                       Monopolies; Government Censorship and Freedom of Speech; Media and the
                       Crisis of Values; Media Reform; Minority Media Ownership; National Public
                       Radio; Net Neutrality; Obscenity and Indecency; Pirate Radio; Pornography;
                       Public Access Television; Public Broadcasting Service.
                       Further reading: Brainard, Lori A. Television: The Limits of Deregulation. Boulder, CO:
                           Lynne Rienner, 2004; Creech, Kenneth. Electronic Media Law and Regulation. Boston:
                           Focal, 2000; Douglas, Susan J. Inventing American Broadcasting, 1899–1912. Baltimore:
                           Johns  Hopkins  University  Press,  1987;  Hendershot,  Heather.  Saturday  Morning
                           Censors: Television Regulation Before the V-Chip. Durham, NC: Duke University Press,
                           1998;  Horowirz,  Robert  Britt.  The  Irony  of  Regulatory  Reform:  The  Deregulation  of
                           American Telecommunications. New York: Oxford University Press, 1989; Krattenmaker,
                           Thomas G., and Lucas A. Powe, Jr. Regulating Broadcast Programming. Cambridge,
                           MA: MIT Press, 1994; McChesney, Robert. Rich Media, Poor Democracy: Communica-
                           tion Politics in Dubious Times. Urbana: University of Illinois Press, 1998; McChesney,
                           Robert. Telecommunications, Mass Media and Democracy: The Battle for the Control
                           of U.S. Broadcasting, 1928–1934. New York: Oxford University Press, 1993; Ray, Wil-
                           liam B. FCC: The Ups and Downs of Radio-TV Regulation. Ames: Iowa State University
                           Press, 1990; Smulyan, Susan. Selling Radio: The Commercialization of American Broad-
                           casting, 1920–1934. Washington, DC: Smithsonian Institution Press, 1994; Streeter,
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