Archive - Jun 13, 2005

Headlines (5:08)
The U.S. Supreme Court refuses to hear the appeal by big broadcasters and the Federal Communications Commission on media deregulation.  The decision upholds a ruling by a lower court that tossed out the FCC’s revised ownership rules calling them irrational and against the public interest.  Critics of the FCC regulations said the new guidelines would consolidate the public airwaves into fewer and more powerful hands.  The FCC has already announced that they are drafting new ownership rules that will meet the court’s standards.