All articles tagged with #ownership cap
FCC Chairman Brendan Carr proposes repealing the national 39% broadcast ownership cap and replacing it with a case-by-case review to boost local reporting; a vote is scheduled for August 6. The move has support from NAB but faces opposition from Democrats and critics who argue only Congress can lift the cap and that the plan could affect Nexstar’s Tegna acquisition.
The FCC plans a Aug. 6 vote to repeal the longstanding 39% cap on national TV ownership and replace it with case-by-case scrutiny of deals. Chair Brendan Carr argues the cap is outdated in a media landscape where content is widely distributed online; Nexstar backs the move, while NAB praises the proposal. The agency stresses that removing the cap does not automatically approve deals that would exceed it—some could be denied if not in the public interest. The shift could shift leverage toward large broadcast owners in a converged media market, even as Nexstar faces court-ordered constraints on its Tegna acquisition.