SENATOR PROMISES HEARING ON MEDIA CONSOLIDATION

Calls Recent Court Decision Overturning FCC Rule 'Wrong'

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WASHINGTON (AdAge.com) -- The Senate plans to hold a hearing to look into media consolidation following last week's federal appeal court ruling that would make it easier for broadcasters to increase their holdings.

Sen. Fritz Hollings, D-S.C., said today the Appellate Court of the District of Columbia was "wrong" to strike down the Federal Communications Commission rule barring media companies owning a TV station and a cable system in the same market.

Additionally, the court

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asked the FCC to review the rule that prevents one company from owning stations representing more than 35% of U.S. TV households.

Sen. Hollings promised a hearing with the Senate Commerce Committee to examine whether media consolidations meet the public interest and promote diversity.

Separately Sen. Hollings also said he still expects his committee to produce privacy legislation this year, though details of the privacy legislation remain uncertain.

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