Fed: Consumers will stop media bias: Alston

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Fed: Consumers will stop media bias: Alston

SYDNEY, Jan 17 AAP - Media proprietors who used their products to push a particularpolitical line in Australia risked financial ruin by isolating half their market, CommunicationsMinister Richard Alston said.

Speaking after a meeting with powerful New York investment houses, Senator Alston saidthe "imperatives of commercialism" would prevent media barons using their products topush political lines once ownership laws have been relaxed, The Sydney Morning Heraldreported today.

Proprietors who did so risked …