The Federal Communications Commission is scrapping the decades-old rule requiring local TV and radio stations to maintain a studio in or near the communities they serve. Critics claim the move will benefit media conglomerates seeking consolidation, and diminish the quality of local reporting. "Technology allows broadcast stations to produce local news even without a nearby studio," said FCC Chairman Ajit Pai. - Saqib Shah, Engadget [via/web:http://streaming-tv.us]
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