placatedmayhem,

Yup. FCC abandoning the Fairness Doctrine under Reagan is what brought us sensationalism in broadcast news. Instead, it should have been expanded to cover anything using the term like “news” and “current events”, similar to other protected terminology like “professional engineer”. Cable news never being covered by FD was also ridiculous.

More info: snopes.com/…/ronald-reagan-fairness-doctrine/

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