Should a single company be able to own both a newspaper and a television station in the same market?

Question

http://apnews.myway.com/article/20061003/D8KH16IO1.html

WASHINGTON (AP) - The Federal Communications Commission kicks off the first of six planned public hearings Tuesday to discuss a number of broadcast ownership rules, including whether a single company should be able to own both a newspaper and a television station in the same market.

Clear Channel Communications Inc. (CCU), the nation's largest radio broadcaster with about 1,200 stations, is lobbying the FCC to increase the radio ownership limits in the largest markets, like Los Angeles.

The ownership rules exist because the broadcast airwaves are owned by the public and the law requires that the public interest be considered in how they are regulated. Too much control over the broadcast media in a market is deemed not in the public interest, though limits have been loosened over the years.

Answer 1

Why not , 2 different types of communication to reach more people for the advertisers . Some people never even turn on a radio and some never read a newspaper .
As with all business , the idea is to make money and serve your customers .