Bill to depart to parliament on Wednesday scrapping rules approximately owning more than two forms of media or TV licences for more than 75% of peopleThe Coalition has released its media package which will scrap cross-media ownership laws,while boosting local content incentives at the request of the National party.
If passed, the changes – which will be contained in a bill presented to parliament on Wednesday, and are expected to spark a round of media mergers and acquisitions.
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Source: theguardian.com