In 1970 the FCC created the ______, which "constituted the most damaging attack against the network TV monopoly in FCC history."

Question

Quizplus · Accepted Answer

The Financial Interest and Syndication Rules were created by the FCC in 1970, and they aimed to prevent the big three networks (ABC, CBS, and NBC) from owning the programs they aired or from taking part in any profits from syndication of those programs. This broke up the network TV monopoly and opened the doors for independent producers and production companies to enter the market with new content. The rule is considered to have been one of the most damaging attacks against the TV industry's oligopoly.

In 1970 the FCC Created the ______, Which "Constituted the Most