THENATIONALPULSE (Pulse Wires) - FCC Clears Path for Expanded TV Station Ownership.
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