"This amendment seeks to put specific restrictions on the ownership of Channel Five, which would create a concentration of power in any industry and in the communications industry it would constitute a threat to our democracy, " said Lord McNally.

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It is an understatement to say that the advertising and communications industry has experienced a great deal of change in the last five years.

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It looks as though the Federal Communications Commission may yet have to step in if the industry as a whole is to make its long-overdue leap into the present.

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Still, I notice, having been in the industry since it was about mainframes and punch cards and having seen some of the earliest data communications protocols established.

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