“Voluminous” FCC report on media future offers only “minor suggestions,” WSJ says

The Wall Street Journal is reporting that the Federal Communication Commission’s highly anticipated report on the future of media, to be released Thursday, “holds little more than minor suggestions for rule changes, such as requiring broadcasters to put more information online.” The paper cites sources that have read what it characterizes as “the voluminous document.” The document also suggests that the Internal Revenue Service help struggling media companies get an easier path to becoming nonprofits. “It’s more of a history of media than a future of media [report],” said one FCC official who has read the report.