Needing “flexibility in attracting investment in a challenging digital...

Needing “flexibility in attracting investment in a challenging digital market,” loosening FCC ownership limits on broadcast and daily newspaper properties “would spur greater investment and innovation in the publishing industry,” said the Newspaper Association of America. “Liberalization” of broadcast-paper cross-ownership rules would mean “greater and more innovative news production, without any diminishment in diversity,” said NAA. Its filing posted Friday to docket 09-182 (http://bit.ly/1dCziq3) reported on a meeting of an NAA executive and a lawyer representing the association with aides to FCC Chairman Tom Wheeler, who earlier pulled a draft order that would have relaxed some cross-ownership rules (CD Dec 16 p1).