Media de-regulation news from the Bush administration which is backing off from its former avid pursuit means the cross-ownership rule might not be altered. It will be an interesting story involving who the President will appoint to replace Michael Powell.Chicagobusiness.com From the AP at 7:15 p.m. on 1/27, and on the NYTimes site:

The Republican-dominated FCC completed two years of review and voted 3-2 along party lines in 2003 to ease ownership restrictions. Last June the appeals court blocked the changes, writing that the FCC ``has not sufficiently justified its particular chosen numerical limits for local television ownership, local radio ownership, or cross-ownership of media within local markets.''