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Media Giants Hint That They Might Be Expanding; Firms Eye Newspapers, TV Stations in New Areas for Them [ Corrected: 6/10/03 ]
From:
The Washington Post
| Date:
June 3, 2003| Author:
Alec Klein and David A. Vise
| Copyright 2003 The Washington Post. This material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post.Copyright information
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The mighty of the media industry will grow mightier while smaller
competitors fall by the wayside.
That appeared to be the consensus after yesterday's ruling by the
Federal Communications Commission to relax rules on the concentration
of media ownership. Major media companies, such as Tribune Co., are
signaling a growing appetite for television stations and newspapers
in markets where they already have a presence. Meanwhile, some small
to mid-size firms are showing a readiness to put u...
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