Josh from Free Press sez, "
FCC Chairman Julius Genachowski wants to gut existing rules that limit media consolidation. This is bad news for people who care about the effects of too much media in too few hands.
Genachowski's proposed plan would make our media less diverse, create local media monopolies and ultimately mean less news.
This rule would allow ONE company to own a daily newspaper, two TV stations and up to eight radio stations in your town. And that one company could be your Internet provider, too. Scary."
In a new working paper from the Center for Economic Policy Research, scholars look at the trading records of shareholders, directors and top executives of major financial institutions in the runup to the crash of 2007, and find that the sell-offs by the top five executives at a bank strongly correlated with that bank’s losses […]
In 2007, Singaporean blogfather Mr Brown discovered this video, which is literally the most best thing you will ever see, this week: middle-aged Singaporean government officials rapping(ish) about the nation’s public-private partnership strategy, with fresh rhymes like “They call me CEO, hear me out everyone/My aim, a vibrant media-hub for the city/Singapore-made content can be […]
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