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 - FCC chairman Brendan Carr has long argued that the cap was outdated and limits the ability of broadcasters to consolidate to compete with tech firms and streamers. Zoom in: The FCC said in a statement that deals would be evaluated on a case-by-case basis that authorizes deals that satisfy the agency's public review standard. - "This will empower the FCC to approve deals that promote the…
The Federal Communications Commission (FCC) has voted to relax limits on TV station ownership.
The Federal Communications Commission (FCC) has decided to relax the TV station ownership cap in an attempt to help local broadcasters consolidate and compete with streaming giants. PULSE POINTS WHAT HAPPENED: - DETAIL: In a 2-1 vote, the FCC has allowed companies to own local stations covering more than 39 percent of households in the United States. The FCC also voted to allow companies to own more than two stations in a single market if deemed in the public interest. The vote was held on Thursday. “Viewpoint diversity” will reportedly be factored in when determining public interest. The purpose of removing the cap is to allow broadcasters to achieve scale and compete with broadcasting giants like Netflix . The cap removal was…Open
Federal Communications Commission Chair Brendan Carr is pushing back against Disney-owned ABC’s claims that his agency is engaged in “attempted censorship,” insisting the review of […] Source