Federal Communications Commission scraps limit on broadcast TV ownership
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The Federal Communications Commission, the government agency that regulates the broadcast airwaves, voted Thursday to eliminate a cap on the share of U.
television households a single company can reach, a major move that could pave the way for more corporate consolidation in the media industry.
In a 2-1 vote, the FCC repealed a 22-year-old rule holding that a company cannot own stations that reach more than a combined 39% of the U.
Confirmed
The Federal Communications Commission, the government agency that regulates the broadcast airwaves, voted Thursday to eliminate a cap on the share of U.
Unverified
television households a single company can reach, a major move that could pave the way for more corporate consolidation in the media industry.
In a 2-1 vote, the FCC repealed a 22-year-old rule holding that a company cannot own stations that reach more than a combined 39% of the U.