FCC moves to lift cap on broadcast ownership, reshaping national airwaves

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Source: The Verge
FCC moves to lift cap on broadcast ownership, reshaping national airwaves
Photo: The Verge
TL;DR Summary

The Federal Communications Commission plans a vote to end the 39% national cap on owning broadcast stations, a move championed by Chair Brendan Carr who argues streaming has rendered the rule obsolete; opponents warn it could harm local journalism and note that only Congress can change the cap, even as the commission has used a one-time waiver to push a Nexstar-Tegna merger, which faces legal challenges.

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