The wide world of media ownership

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The media-ownership issue is being followed closely outside of the Beltway, and
we mean "way" outside.

The cultural office of the Embassy of China is working on a merger-and-consolidation analysis, including trying to decipher the ramifications of the
June 2 vote, to send to the folks back home.

Meanwhile, TV International Daily reported last week that a
stalled Conservative government bid to relax media-ownership rules in Australia
has gotten the support of the opposition Labor party.

Providing the boost, TV International said, was compromise on a
"U.S.-style diversity index" that will be used to assess proposed
combinations.

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