The “overall approach” of FCC Chairman Julius Genachowski to media ownership...

The “overall approach” of FCC Chairman Julius Genachowski to media ownership rules “is sensible,” said Minority Media and Telecommunications Council Executive Director David Honig. MMTC earlier stopped opposing cross-ownership of a broadcaster and daily newspaper within a market because “the basic premise of our former opposition ... evaporated with the devastating losses in the ranks of print journalists,” Honig told us. He responded to comments by Free Press that MMTC would only back cross-ownership if it wouldn’t hurt diversity (CD Nov 15 p1). “We leave the door open” to change tack, Honig confirmed. But “I've not seen one instance where a minority deal in recent memory was prevented or inhibited” by cross-ownership, where a person of color was pursuing a transaction, he said of his experience as a broker (http://xrl.us/bnz2t7).