‘The Office’ finale draws season high of 5.7 million viewers. IRS disciplines 2 in probe into conservative targeting. Broadcast TV ratings slide pressures ad rates at “upfronts”

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Stocks: Jobs take center stage
‘G.I. Joe’ commands No. 1 at box office with $41M
United delays Denver-Toyko again on Boeing snag
Cost of Environmental Degradation in China Is Growing

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Common Cents:  Really?!

With four days to go until sequestration begins to take effect, news outlets are all asking the same question:  “Are you telling me we can’t cut three cents out of a hundred in federal spending?  Really? Really?!”

LOS ANGELES (June 21, 2012) – Today, the United States Supreme Court ruled in the Federal Communications Commission v. Fox case. The Parents Television Council™ praised the Court for refusing to side with the networks’ years-long campaign to overturn the broadcast decency law, and upholding the authority of the FCC to enforce broadcast decency standards between the hours of 6 a.m. and 10 p.m., when children are likely watching.

PTC President Tim Winter issued the following statement:

“Once again the Supreme Court has ruled against the networks in their years-long campaign to obliterate broadcast decency standards. Contrary to some erroneous media reports, the Court today did not strike down the FCC’s broadcast decency policy, but in fact only ruled against the timing and order of events related to the FCC’s enforcement.

“The Court today specifically acknowledged the FCC’s ability to continue broadcast decency enforcement as part of its public interest obligation.  Pacifica is still good law.  The FCC must now rule on the merits of more than 1.5 million backlogged indecency complaints. The ‘notice’ requirement, which allowed Fox and ABC to slip off the hook in these two cases at issue today, has already been satisfied for all the pending complaints.

“Broadcast decency rules have existed to protect children since the dawn of the broadcast medium.  It is for their sake that there will still be decency rules and the TV networks will be required to abide by them.”

The Parents Television Council® (www.parentstv.org®) is a non-partisan education organization advocating responsible entertainment. It was founded in 1995 to ensure that children are not constantly assaulted by sex, violence and profanity on television and in other media. This national grassroots organization has more than 1.3 million members and 56 chapters across the United States, and works with television producers, broadcasters, networks and sponsors in an effort to stem the flow of harmful and negative messages targeted to children. The PTC™ also works with elected and appointed government officials to enforce broadcast decency standards. Most importantly, the PTC produces critical research and publications documenting the dramatic increase in sex, violence and profanity in entertainment. This information is provided free of charge so parents can make informed viewing choices

What do you know….those rumors are true, Glenn Beck is pulling the plug on his popular daily show for Fox News. A press release issued right after his radio show by his production company, Mercury Radio Arts, Beck announced that he will “transition” away from his Daily Fox News show later this year, but will continue to develop programming for the News network and its digital properties.