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Bush will veto ownership caps { July 22 2003 } Original Source Link: (May no longer be active)    http://asia.reuters.com/newsArticle.jhtml?type=politicsNews&storyID=3136971 http://asia.reuters.com/newsArticle.jhtml?type=politicsNews&storyID=3136971 White House Threatens Veto on Media-Ownership Cap Tue July 22, 2003 05:17 PM ET WASHINGTON (Reuters) - The Bush administration said on Tuesday it would veto a large government-spending bill if it reimposed media-ownership caps that were recently relaxed by the Federal Communications Commission. A House of Representatives committee altered a spending bill for the FCC and other government agencies last week to block deals that would allow television networks to own individual stations that reach more than 35 percent of the audience. The agency recently raised the national audience limit from to 45 percent 35 percent, sparking a firestorm of criticism from both Democrats and Republicans who argued the move could hurt local reporting and diversity of viewpoints. The Bush administration said any move to roll back the changes would scuttle the $37.9 billion spending bill, which also sets the budgets for the Justice, State and Commerce departments. "The Administration believes that the new FCC media ownership rules more accurately reflect the changing media landscape and the current state of network station ownership, while still guarding against undue concentration in the marketplace," the Office of Management and Budget said in a statement. "If this provision or a provision like it with respect to any one of the other FCC Rules is contained in the final legislation presented to the President, his Senior Advisors would recommend that he veto the bill," OMB said. The four major networks, Walt Disney Co.'s ABC, Viacom Inc.'s CBS, News Corp. Ltd.'s Fox and General Electric Co.'s NBC oppose any attempt to roll back the new, higher ownership cap.

Bush will veto ownership caps { July 22 2003 } Court orders fcc to stay new rules { September 4 2003 } Fcc jesse jackson gregory protest { June 3 2003 } Fcc launches review Fcc media consolidation Fcc media rule blocked in house { July 24 2003 } Fcc receives trips from lobbyists { May 22 2003 } Fcc relax ownership Federal appeals court blocks fcc media ownership relaxation { June 25 2004 } Great media gulp { May 22 2003 } Mccain consolidation control the news { May 16 2003 } Media concentration nears { May 28 2003 } Media fight local tv sations { May 14 2003 } Nra opposes media consolidation { May 16 2003 } Rules rejected by senate Senate votes change fcc decision Senators confident reverse cap { June 2 2003 } Ted turner says monopoly or democracy { May 30 2003 } Tv networks band together fight backlash Files Listed: 19

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