My interpretation:
Some media giants are manipulating the FCC to expand their domination of media. The media giants dismissed consumer groups and lawmakers who wanted more local control over the media.
This is the same thing as is happening in our food industry. Food giants have dismissed and ridiculed small group requests to let the public have information on genetically modified foods. The food giants say the public doesn't know enough to decide what's good or bad for them, so let the food giants with all their science make arguments for profiting even more with genetically modified foods.

And the same thing is happening in our schools. The teacher colleges are saying they know best.

Parents just stay home and help the PTA raise funds for parties. Let the educrats determine what your children learn and how.

On the subject of national networks making "tremendous contributions" to local situations, I say they amplify what they want to amplify and marginalize or omit what they choose according to their national main-stream bias.
The top news story is Networks to Lobby on New Ownership Debate " They phrased it as nicely and cleanly as they could. In truth, the debate is over local media control or nationalized control.
And of course, THEY, are "going to present the facts", as though the people who want local control don't have the facts, ie they're ignorant.

Here is the core of the story as presented by Associated Press. Media Control

Networks to Lobby on New Ownership Debate

Stung by a defeat in the House, parent companies of CBS and Fox television networks said Thursday
they would ramp up pressure on lawmakers to defeat an effort to tighten a limit on national TV station ownership.

They dismissed arguments from consumer groups and some lawmakers that local news coverage is squelched when stations are controlled by fewer media companies.

"We're going to redouble our efforts to show members of Congress just how good our local stations are and how much better they are at local coverage than many non-network competitors," said Andrew Butcher, spokesman for Fox owner News Corp.

He wouldn't provide details of the lobbying effort, but said his company would educate lawmakers about "the tremendous contributions our stations make locally in many of their districts."

Viacom Inc. spokesman Carl Folta said network-owned stations have more resources to serve local communities.

"We are going to highlight the facts surrounding this issue," said Folta, whose company owns CBS and UPN. "The facts have gotten obscured in the politics."

The Republican-dominated Federal Communications Commission last month approved sweeping changes in media ownership rules, including allowing single companies to own TV stations reaching 45 percent of U.S. households. The old cap was 35 percent.

Viacom, News Corp. and NBC are influencing the courts to change the laws so they can own more media at the local level.
Critics, from consumer groups to small broadcasters, are seeking to have all the FCC changes rolled back.

"We've just gained enormous momentum on reversing the FCC," said Gene Kimmelman, public policy director for Consumers Union, publisher of Consumer Reports magazine. "The question will be just how thoroughly their wings will be clipped."

___ On the Net:

FCC: http://www.fcc.gov

News Corp.: http://www.newscorp.com

Viacom: http://www.viacom.com