THENATIONALPULSE (Pulse Wires) - FCC Chairman Targets Elimination of TV Station Ownership Cap to Restore Balance to Media Landscape.
The FCC plans to vote to eliminate the 39 percent national ownership cap on television stations, arguing that the reform will restore balance between local broadcasters and national media conglomerates.
PULSE POINTS WHAT HAPPENED: The Federal Communications Commission (FCC) has proposed eliminating the national ownership cap, which currently prevents any single entity from controlling TV stations that reach more than 39 percent of U.S. households. The new plan would replace this blanket restriction with a case-by-case review process to ensure local broadcasters can better compete with national media conglomerates. DETAIL: The national ownership cap was originally introduced to prevent national media companies from dominating local markets. However, the FCC believes that changes in the media landscape, including the rise of streaming platforms and virtual cable providers, have rendered the cap ineffective at limiting the reach of…Open