Ofcom could relax media ownership rules

The media regulator, Ofcom, has recommended changes that will affect cross media ownership.

This is going to help out regional news providers which are a regular source of local and national news to the regions but have to compete on a level playing ground with the national TV and newspaper providers.

In order to do this the regulator will be relaxing the rules on local ownership of these media firms, so that they can compete with the BBC.

The new rule would mean that one company could own and operate more than one regional newspaper, radio station or even TV franchise in an area, but the company would not be able to own all of the media services in one particular area.