FCC SCRAPS LIMIT ON LOCAL TV OWNERSHIP IN WIN FOR MEDIA CONGLOMERATES

The 2-1 vote along party lines repealed ‘national cap’ that served as a key check on consolidation of the TV industry In a historic vote on Thursday morning, the Federal Communications Commission (FCC) voted along… The vote is a win for television conglomerates that aim to expand their reach across the country, particularly conservative-leaning companies like Sinclair Broadcast Group and Nexstar.

Media | The Guardian reports that the 2-1 vote along party lines repealed ‘national cap’ that served as a key check on consolidation of the TV industry In a historic vote on Thursday morning, the Federal Communications Commission (FCC) voted along…

The report adds: The vote is a win for television conglomerates that aim to expand their reach across the country, particularly conservative-leaning companies like Sinclair Broadcast Group and Nexstar.

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