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As the Internet and other information and communications technologies grow exponentially, and as a new ecosystem is emerging that could conflate previously distinct methods of communication into a single digital medium, questions arise as to whether the traditional silos of regulation are still appropriate. The report resulting from the 27th Annual Aspen Institute Communications Policy Conference addresses the overarching concern as to whether the Communications Act of 1934 needs a radical revision. The report considers the key goals of a new communications regime and offers regulatory and non-regulatory approaches for achieving these goals in a digitally connected world.