Fanatics CEO Michael Rubin has sold his stake in Harris Blitzer Sports and Entertainment, which owns the Philadelphia 76ers and the New Jersey Devils, according to a statement.
Supreme Court allows looser FCC media consolidation rules, sides with Facebook in robocall case yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
(AP Photo/Andrew Harnik, File)
WASHINGTON (CN) As the Supreme Court closed in finally on a deregulation effort dating back to the late ’90s, a lawyer for the government told the justices Tuesday that a media cross-ownership ban was meant for another era.
The Federal Communications Commission instituted the ban back in the 1970s, said Deputy U.S. Solicitor General Malcolm Stewart, with radio and television cross-ownership in mind.
“The rules were justified by considerations of viewpoint diversity,” Stewart said, “but what the commission meant was, it’s better to have more independent outlets in the community.”
For today’s media, however, Stewart emphasized that the rule “didn’t serve the public interest.”
actively push forward the consultation following clear schedule and road map. china also said it would soon start implementing items that were agreed to which include purchases of u.s. farm products and liquid natural gas. the big issues that have yet to be negotiated are the most difficult. china s intellectual property theft, technology transfer. protectionist tariffs, ownership rules and cyber hacking. the whole 9 yards on stealing our technology and that is our future. that is why the president isn t going to stand for it any longer. speak with the same time the president was attempting to calm the financial world, he again took to twitter with the same talk about tariffs to put the market into a tailspin on tuesday. we are either going to have a real deal with china or no deal at all he wrote. at which point we will be charging major tariffs against chinese products being shipped