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Gutierrez Statement on Senate Vote Overturning FCC Rule on Broadcast Media Ownership

Seoul, South Korea (May 15)—While traveling in Korea, Commerce Secretary Gutierrez issued the following statement regarding the Senate’s vote on S.J. Resolution 28, legislation that will overturn the FCC rule on broadcast media ownership. “I am disappointed with the Senate’s action overturning the FCC rule allowing cross ownership of newspapers and broadcast stations in the nation’s top 20 media markets. The FCC’s approach modernizes a 30-year-old rule in a way that improves the financial viability of the newspaper industry, which faces an increasingly competitive media market.” (More)