How did media ownership in the United States change after passage of the Telecommunications Act of 1996?

Question

Quizplus · Accepted Answer

The Telecommunications Act of 1996 led to more consolidation and concentration of media ownership in the United States, as it lifted restrictions on owning multiple media outlets in the same market and allowed for cross-ownership between different types of media (such as a newspaper and a TV station). This has been criticized as leading to a reduction in diversity of viewpoints and a potential for media monopolies.

How Did Media Ownership in the United States Change After