Australia set to change media ownership rules

Reports indicate that the Australian government will this week outline changes to the media ownership rules down under. Currently, media companies can only control either a newspaper, television or radio station in any market.

Under the new plans the government is expected to propose companies would be free to operate in any medium as long as there is a minimum of five operators in a metropolitan market and four in a regional market. Owners could not own more than one television or radio channel in the same market.

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