Rupert Murdoch yesterday hailed a compromise between the White House and Senate Republicans on how many TV stations companies like his News Corp. could own.
The provision would allow a company to own local television stations reaching 39 percent of the nation's TV homes, a level just above what Fox parent News Corp. and CBS parent Viacom already own.
That would be lower than the 45-percent limit the Federal Communications Commission adopted in June but higher than the old 35-percent cap that negotiators for the House and Senate had agreed in conference to restore.
It might only be 4%, but it's one more little attempt to chip away at our democracy. Too much power in the hands of too few is bad, and control of the media represents an immense amount of power. This is bad news all the way around.