[Ed. – The plan isn’t so much an effort to salvage the elite media, which have been exposed as hypocrites, as it is government interference in private business.]
When our administration appoints new, progressive leadership at the FCC, we will reverse the Trump administration’s moves, which have gutted longstanding media ownership rules. What Trump has done allows cross-ownership of newspapers and television or radio stations; he has also given the green light to owning multiple stations in the same market. The harm may be great: “In theory,” says Free Press, “these changes would allow a single broadcaster to own both your local newspaper and your top-two local broadcast stations, plus operate a handful of other stations through sharing agreements—turning your community into a one-newsroom town.”
We must also explore new ways to empower media organizations to collectively bargain with these tech monopolies, and we should consider taxing targeted ads and using the revenue to fund nonprofit civic-minded media.