The recent huge mergers creating massive radio groups were made possible by:
A)the introduction of foreign capital to the industry
B)the Telecommunications Act of 1996
C)the U.S.Department of Justice
D)increased use of the World Wide Web
E)all of these

Question

Quizplus · Accepted Answer

The Telecommunications Act of 1996 removed many of the previous ownership restrictions on radio stations, paving the way for massive mergers and consolidation within the industry. This was a major factor in the creation of large radio groups.

Answer: E 
 While the Telecommunications Act of 1996 was a crucial factor, the other options also played a role. Increased use of the internet, for example, has led to changes in the way people consume media, which has affected the radio industry. The Department of Justice has been involved in reviewing and approving some of the massive mergers. Foreign capital has also played a role in some of the mergers. Therefore, all of these factors have contributed to the creation of massive radio groups.

The Recent Huge Mergers Creating Massive Radio Groups Were Made