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02lecture_F2011_ - 1 Learning Objectives After this lecture...

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Learning Objectives After this lecture, you will be able to: 1. Describe the leadership of the Federal Communications Commission. 2. Identify five patterns of media ownership in the United States. 3. Some of the consequences of private ownership of broadcast media. 4. The i mpact of concentrated ownership on news content. Lecture 2 Regulation, Technology, and Ownership of the Media 1. Regulation of electronic media A. Communications Act of 1934 1) Government ownership of airwaves a) Lease to private companies 2) Established Federal Communications Commission (FCC) a) Five Commissioners nominated by the President (Senate) b) Five year terms c) President designates Chairperson. d) Only three Commissioners may be members of the same political party. e) No financial interest in any Commission-related business. 3) Regulation of a) All non-federal government use of radio and television broadcasting b) All interstate telecommunications (wire, satellite and cable) c) All international communications that originate or terminate in U.S.
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