AxiosCenter·
FCC votes to lift broadcast ownership cap
The FCC on Thursday voted 2-1 to eliminate the national TV ownership cap rule that bars a single broadcaster from owning stations that reach more than 39% of U.S. TV households. Why it matters : The party-line vote clears the way for local broadcasters to merge, giving single broadcast ownership groups far more reach than they previously could have. FCC chairman Brendan Carr has long argued that the cap was outdated and limits the ability of broadcasters to consolidate to compete with tech firm…
Read at Axios →
