Here's one way at least, that Rupert Murdoch may be doing something right. He was among the first, we believe, to own a local TV station (New York's Channel Five) and a newspaper (the
New York
Post) in one market, as regulation banning such ownership was eased.
And now several FCC studies find "statistically significant evidence" that newspaper-broadcast cross-ownership has a
"positive correlation" on local news,"according to
Broadcasting & Cable. Which could mean lifting the ban for cross-ownership altogether.
Another finding: "owning multiple stations in a
market does not negatively impact local information programming and has a positive impact on the mix of local and national news."
Read the whole story at Broadcasting & Cable »