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.
- The United States Federal Communications Commission has voted to rescind the rule that bars local broadcast station owners from reaching more than 39 percent of the total number of US TV households in a move that could help spark industry consolidation.
- The FCC on Thursday voted 2-1 to lift the cap in favour of a new case-by-case approach.
Confirmed
- Critics say the 39 percent cap was a safeguard against excessive concentration of media ownership in the US.
- The United States Federal Communications Commission has voted to rescind the rule that bars local broadcast station owners from reaching more than 39 percent of the total number of US TV households in a move that could help spark industry consolidation.
Unverified
- The FCC on Thursday voted 2-1 to lift the cap in favour of a new case-by-case approach.
Sources: Al Jazeera, The Independent