In June 2003, the U.S. Federal Communications Commission (FCC) rescinded a set of 30-year regulations that had kept the lid on one last area of media ownership … the cross-ownership of newspapers and broadcast outlets in the same market. The rules, somewhat firmly established in the mid-1970s, were a constant source of concern among media conglomerates. To owners, the rules reflected an outmoded way of thinking, the belief that people could only get their information in limited ways. They argued that with cable, satellite and the Internet, there were dozens of alternate information sources and that the rules were simply there to inhibit their ownership efforts.