Media consolidation - two views

Below are two views on the issue of media ownership consolidation that came out of the FCC hearings going on in the U.S. I imagine the core of the issue would be quite relevant to Canada or any other country.

A pastor calls for the abolition of congomerates to let diversity flourish (here).

Meanwhile, a small media company calls for regulated consolidation to let smaller companies grow and provide genuine competition for the big moguls (here).

It appears that both of them have the same idea in mind, just that they express them a little differently.

I must say that I have always believed that there should be checks on big conglomerates to keep them from becoming monopolistic and holding consumers hostage.