Castle do you remember when we were talking about digital radio and having to pay for the radio in the future? Part of this FCC ownership deals with the impact of having less local media. If and when you get all your media over one cable or satellite or whatever it will become much more difficult for a small company to compete. Right now it is fairly inexpensive to beam out a radio show. But when the federal government reclaims those spectrums people won't be able to do that anymore. Part of the FCC's argument is that four or five media conglomerates are plenty, and that this extra ownership will help drive the technological costs of HDTV down. Making it cheaper in the long run for the big media conglomerates, and stimulating spending.
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