This article is discussed at length in this thread, and here's a small excerpt:
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x6355482"Viable democracy cannot survive, let alone flourish, with such debased journalistic standards. Despite some remarkable recent victories by grassroots activists, our media still fail the most critical tests of a free press. This is an impasse that cannot last for long, and in all likelihood the outcome of the 2008 presidential election will go a long way toward determining which side, the corporate owners or the public, will win the battle for the media. The stakes could not be higher.
The next President will make two important decisions. The first will be whether to accept media reform legislation or veto it. There is little doubt that Congress has shifted dramatically as a result of popular pressure. Corporate lobbyists who used to worry only about battling one another for the largest slice of the pie know the game has changed. The 2008 elections will almost certainly increase support in both houses and from both parties for media reform.
Second, the next President will appoint a new FCC chair who will command a majority of the commission's five members. This is a critical choice. The right majority would embrace the values and ideals of the thousands of media critics, independent media producers and democracy activists who will gather June 6-8 in Minneapolis for the fourth National Conference for Media Reform. Dissident commissioners Michael Copps and Jonathan Adelstein, who have battled the FCC's pro-Big Media majority on issues ranging from media ownership to net neutrality and corporate manipulation of the news over the past four years, will both address the conference. If Copps, the senior of the two, is named chair, this savvy Washington veteran is prepared to turn the agency into what it was intended to be by Copps's hero, Franklin Roosevelt: a muscular defender of the public interest with the research capacity and the authority to assure that the airwaves and broadband spectrum, which are owned by the people, actually respond to popular demand for diversity, competition and local control. After years of battling to block rule changes pushed by corporate lobbyists, Copps has called for a New American Media Contract, saying, "I'm sick of playing defense." In these pages on April 7, he urged that we "reinvigorate the license-renewal process" by returning to standards set during Roosevelt's presidency, when "renewals were required every three years, and a station's public-interest record was subject to FCC judgment."