The New York Times is reporting that the FCC "is preparing to impose significant new regulations to open the cable television market to independent programmers and rival video services after determining that cable companies have become too dominant in the industry."
This decision, as the Times accuratly points out, "would be a notable exception to the broad deregulatory policies of the Bush administration." It is also worth noting that in 1996 Bill Clinton passed the Telecommunications Act of 1996 -- which deregulated the media heavily, leading to the frightengly narrow scope of media ownership that this country now sees.
I will comment more on this as information become available. The influential FCC Chairman, Kevin Martin, rarely works to lessen the grip that private companies have on the media and I hope to find out what devils may lie in the details.