FCC overturns limit on local TV ownership in win for media conglomerates
The 2-1 vote along party lines repealed ‘national cap’ that served as a key check on consolidation of the TV industry In a historic vote
The 2-1 vote along party lines repealed ‘national cap’ that served as a key check on consolidation of the TV industry In a historic vote on Thursday morning, the Federal Communications Commission (FCC) voted along party lines to overturn a key check against the consolidation of the television industry, throwing out a rule that prevented any one company from owning stations that collectively reach more than 39% of all US TV households. The vote is a win for television conglomerates that aim to expand their reach across the country, particularly conservative-leaning companies like Sinclair Broadcast Group and Nexstar. Continue reading...
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