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US ends cap on local TV station owners amid concerns of media consolidation
Critics say the 39 percent cap was a safeguard against excessive concentration of media ownership in the US.
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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% household cap on local TV station owners
WASHINGTON, Aug 6 : The U.S. Federal Communications Commission voted on Thursday to rescind the rule that bars local broadcast station owners from reaching more than 39 per cent…
