D-Day Just Sold To Globotech

Hello, blogger-reader-types! This is William R. Lottacash, CEO of Globotech, and we're pleased as punch to be boldly entering the exciting world of new media, creating synergies with our landline products and reaching a whole new demographic class. And thanks to the FCC, it's all perfectly legal!

By the narrowest of margins, the Federal Communications Commission adopted proposals by its chairman to tighten the reins on the cable television industry while loosening 32-year-old restrictions that have prevented a company from owning both a newspaper and a television or radio station in the same city [...]

Mr. Martin has said that a relaxation of the ownership rules was a modest, though vital step toward assisting the newspaper industry as it struggled financially as advertising and readership migrates rapidly to the Internet. He has been critical of the cable television industry for raising rates far greater than the rate of inflation and for failing to offer consumers enough choices in subscription packages.

“We cannot ignore the fact the media marketplace is considerably different than when the media ownership rule was put in place more than 30 years ago,” he said of the newspaper-broadcast rule.

The dissenting commissioners complained strongly about the outcome.

Michael J. Copps, a Democratic commissioner who has led a nationwide effort against relaxing the media ownership rules, said the rule was nothing more than a big Christmas present to the largest conglomerates.

“In the final analysis,” Mr. Copps said, “the real winners today are businesses that are in many cases quite healthy, and the real losers are going to be all of us who depend on the news media to learn what’s happening in our communities and to keep an eye on local government.”

See, blogger-readers, it's your fault this happened. And hopefully, with Globotech's new blog-product, you will be more enticed to read and watch our other fine newsotainment content so we don't have to buy the whole Internet.

Our first blog-action: please throw eggs at John Kerry's office!

Sen. John Kerry (D-Mass.) condemned Federal Communications Commission Chairman Kevin Martin’s decision today to rush through a vote on media consolidation. The vote to relax the rules regarding cross media ownership of newspapers and radio stations passed by a 3-2 party line vote today. The FCC vote will allow media companies to further consolidate. Martin’s decision to the hold the vote ignores the expressed will of the Senate Commerce Committee. Sens. Kerry and Obama made clear last week that if Martin forced through the vote today, they would ask the Appropriations Committee to deny funding for implementation of the rule produced by the forced vote.

"By rushing through this vote today, Chairman Martin did the bidding of big corporate interests and threatened to further marginalize independent media, directly limit diversity, and damage America’s public discourse," said Kerry. "Chairman Martin was warned that ignoring the will of the Commerce Committee would have consequences, and I will work hard with my colleagues on the appropriations committee to ensure that the FCC’s funding reflects Chairman Martin’s decision to go against the commission’s own charter and limit media diversity rather than foster it."

These fine FCC Chairmen are only doing the job of ensuring Big Media keeps a small slice - only 100% - of the media pie. Globotech tells all blog-o-sphericans (I just made that up!) to reject Sen. Kerry's extreme move. Thank you.

(when are you gonna untie me? -dday)