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Tom Perez: We Cannot Allow Wall Street to Undermine Regulatory Bodies Like the FCC

May 22, 2023

In recent years, across America, we have witnessed substantial consolidation of broadcast and print media. Time after time, hedge funds and other firms have bought up and decimated local news outlets and local newspapers. The result has been layoffs, shuttered newspapers, scaled back operations, diminution of program content, and increased costs for cable subscribers.

Article Source: Maryland Matters

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