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In 2001, the FCC moved to privatize airwaves. There was a time, not so long ago, when major news organizations assigned reporters to every semi-significant federal government office. Even into the 1980s you could find journalists hungry for a scoop stalking the corridors of regulatory backwaters like the Fish and Wildlife Service and the Federal Maritime Commission...
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Even into the 1980s you could find journalists hungry for a scoop stalking the corridors of regulatory backwaters like the Fish and Wildlife Service and the Federal Maritime Commission. In this belt-tightening era that's no longer the case.
Perhaps that's why the mainstream media missed one of the scariest stories of the year: how big media, backed by 37 prominent economists, is angling to buy up the radio airwaves...
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