Jeremy Hunt and Mark Thompson tell us about cross-media ownership.

Ltd chief told the paper he would also like to buy Australia's Seven Network if Canberra deregulated laws preventing cross-media ownership in his native Australia.

Overall, the court found that the FCC had failed to justify their changes in cross-media ownership and the new rules were not implemented.

Audio (24min 35sec), 16 Sep 2011: Jeremy Hunt and Mark Thompson tell us about cross-media ownership.

The changes relaxed restrictions against cross-media ownership or control by a single company.

That said, the increasing diversification of media sources does raise new issues over cross-media ownership, which is something the Inquiry will now look at.

A third group of backbenchers is concerned at cross-media ownership in the new channels under the bill.

These changes led to a significant concentration of cross-media ownership.

And the issue of cross-media ownership.

But cross-media ownership is neither the solution to the industry's woes nor the potential bogeyman it might have once appeared.