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FCC Eliminates TV Station Ownership Cap in Win for Nexstar and Other Big Broadcasters
The FCC has formally voted 2-1 to eliminate longstanding restrictions on the ownership of TV stations, a move that is sure to draw legal challenges.
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nbcnews.com
Federal Communications Commission scraps limit on broadcast TV ownership
The move sets the stage for more corporate consolidation in the media industry.
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channelnewsasia.com
US agency ends 39% local TV station ownership cap
WASHINGTON, Aug 6 : The Federal Communications Commission voted Thursday to rescind the rule that bars local broadcast station owners from reaching more than 39 per cent of the…
