The Federal Communications Commission approves Viacom’s $35.6 billion acquisition of CBS Corporation despite the merger violating FCC regulations prohibiting one company from owning television stations reaching more than 35% of the U.S. audience and prohibiting ownership of two networks if one …
ViacomCBS CorporationSumner RedstoneMel KarmazinFCC Federal Communications Commissionmedia-consolidationtelecommunicationsmergerfccderegulation+2 more
President Bill Clinton signs the Telecommunications Act of 1996, the first major overhaul of U.S. telecommunications law in over 60 years. While ostensibly designed to promote competition by allowing ‘anyone to enter any communications business,’ the act was heavily influenced by …
Bill ClintonTelecommunications Industry LobbyistsClear Channel CommunicationsViacomCorporate Media Lobbies+1 moreregulatory-capturetelecommunicationsderegulationmedia-consolidationcorporate-lobbying+2 more
President Bill Clinton signs the Telecommunications Act of 1996, the first major overhaul of U.S. telecommunications law in over 60 years. While ostensibly designed to promote competition by allowing ‘anyone to enter any communications business,’ the act was heavily influenced by …
Bill ClintonTelecommunications Industry LobbyistsClear Channel CommunicationsViacomCorporate Media Lobbies+1 moreregulatory-capturetelecommunicationsderegulationmedia-consolidationcorporate-lobbying+1 more