Jul. 15 at 4:13 PM
$SSP $GTN The FCC is scheduled to vote on August 6 on an order to repeal the national television ownership cap, which historically restricted a single broadcaster from reaching more than 39% of U.S. households. The proposed ruling would replace this blanket limit with a granular, case-by-case review of future media mergers and acquisitions.The push for deregulation has significant backing and brings about several key industry shifts:The Core Proposal: FCC Chairman Brendan Carr announced the plan in an op-ed, arguing that outdated ownership rules hinder local broadcasters from competing on a fair scale with unregulated digital media, streaming services, and social platforms.
