Dorgan's Content Play

[Commentary] Even a cursory glance at today's media landscape reveals that a few companies do not determine what Americans see, hear and read every day. Americans have far more media choices than ever before, including ever-growing cable, satellite and Internet offerings. Increasingly, nontraditional outlets are making their presence felt. Cross-ownership bans also make little sense when newspapers are losing market share. Because ad dollars and eyeballs are migrating online – more than a third of Americans read news on the Web – traditional media properties are being sold off to invest in the new media frontier. Some 60% of Internet users download videos. YouTube alone uses more bandwidth today than the entire Internet did in 2000. Senator Dorgan's bill has 25 sponsors, including Senator Obama, and was voted out of committee last month. President Bush has promised a veto, and we hope he keeps that promise.
http://online.wsj.com/article/SB121063603460086723.html?mod=todays_us_op...
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