FCC drops TV ownership cap, ushers in case-by-case merger reviews

The FCC voted 2–1 to eliminate the 39% national TV ownership cap and replace it with case-by-case merger reviews, arguing the change will help local broadcasters invest in news and compete with streaming services. Critics say Congress set the cap and only Congress can alter it, warning the move could boost consolidation and tilt coverage in favor of Trump-aligned owners; the decision is expected to face court challenges amid questions about the FCC’s authority and quadrennial-review constraints.