The Federal Trade Commission voted 2-1 to lift FCC restrictions on local tv station ownership. The ruling will allow companies to own local stations that cover more than 39% of the U.S. They can now also own more than one tv station in a local market.
FCC votes in favor of lifting limits on TV station ownership – newsminer.com
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EXCERPT:
The Federal Communications Commission voted 2-1 in favor of allowing TV station ownership groups to own more outlets, easing the way for more consolidation.
The Thursday vote that favored the change means companies can own local stations that cover more than 39% of the U.S. They could also own more than two stations in a single market.
The measure supported by FCC Chairman Brendan Carr will allow the agency to approve deals that put station ownership groups over the cap if the agency determines that they are promoting the public interest. Carr has said the agency would consider such issues as commitment to local journalism and “viewpoint diversity.”