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Kerry, Obama to Pull FCC Funds if Media Ownership Vote Takes Place

If FCC chairman Kevin Martin pushes the vote on media ownership rules tomorrow as planned, Sen. John Kerry (D-MA) and Democratic presidential candidate Barack Obama (D-IL) plan to ask the Senate Appropriations Committee to cancel any planned funding for the FCC to implement the new rules.

The two have issued a press release demanding that Martin delay the vote on media ownership until the FCC has “followed the will of Congress” and established a commission to look into minority and women media ownership.

“This is a show-down with an FCC Chairman who is letting the FCC do the bidding of big corporate conglomerates without giving smaller media outlets a chance to fight back,” said Kerry.

“We must ensure that we have an open media market that represents all of the voices in our diverse nation, and allows them to be heard,” said Senator Obama. “The FCC must meet its obligations to our country’s minority communities and not special interests by ensuring that broadcasters are doing right by the communities they operate in before it considers loosening media ownership regulations. I reiterate my call to the FCC to conduct its rules changes in a transparent and inclusive process, respect minority interests, and delay its upcoming vote until further evaluations are completed.”

The Media Ownership Act, introduced by Sens. Byron Dorgan (D-ND) and Trent Lott (R-MS) a few days before Martin’s proposal was made public, would, among other things, require the FCC to establish an independent panel on female and minority ownership and await that panel’s recommendations before voting on any changes to the ownership rules, writes Radio Ink.

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Ad Industry Declines Mirror 2001 Recession: Goldman Sachs

All sectors of the media business will suffer from the weakened economy in 2008 and 2009, with a slump in local advertising particularly hurting newspapers and local TV, according to a new projection from Goldman Sachs.

Broadcast nets will experience…

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NY Times Shuts ‘International Herald Tribune’ Site Down

The New York Times is shuttering its International Herald Tribune site; NYTimes.com will soon host the international news normally reserved for its sister website.

The move is not about cost savings, but rather about growth, NYTimes.com general manager Vivian Schiller…

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Vaseline Tracks Actual Buzz about New Lotion in Small Alaska Town

Unilever’s Vaseline set forth on an unusual research project in a small town in Alaska. Setting up a storefront, the company began giving away free bottles of lotion and asking recipients to name the person who had recommended they come…

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‘Meet the Press,’ Minus Russert, Suffers Slow Slide

Meet the Press, the show hosted by Tim Russert for 17 years before his death last June, is beginning to slip in ratings.

Last month, CBS’s Face the Nation pulled ahead of Meet the Press for the first time in two…

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Blogging Hits Mainstream, Integral to Media Ecosystem

Bloggers collectively create nearly one million blog posts each day, and half of bloggers believe blogs will be a primary source of news and entertainment in the next five years, according to Technorati’s 2008 State of the Blogosphere Report, MarketingCharts writes.…

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Discount Retailers Report Mixed September Results

Wal-Mart and Costco reported same-store gains in September, with sales rising 2.4% and 9% respectively. Sales at Target stores open at least a year fell 3%, writes Retailer Daily.

Below, fiscal results from the discount retail giants:

Sales of food and…

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