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[BUSINESS] · United States · 10 sources

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Federal Communications Commission Repeals TV Ownership Cap

The Federal Communications Commission voted 2‑1 to eliminate the 39 percent national television‑ownership cap that limited any company from reaching more than 39 percent of U.S. TV households.

Chairman Brendan Carr said the rule hindered local broadcasters and that its removal will let stations attract capital, boost advertising revenue, and improve local programming. Democratic commissioner Anna Gomez argued the FCC lacks authority to lift the cap and that only Congress can do so, calling the decision illegal.

The repeal follows an earlier FCC waiver that allowed Nexstar Media Group to acquire Tegna, a transaction that would give Nexstar coverage of roughly 80 percent of U.S. households. A federal judge has ordered the companies to keep assets separate while antitrust litigation proceeds.

Advocacy group Free Press and allied organizations announced plans to sue the FCC, asserting the repeal exceeds the agency’s legal authority and threatens competition, viewpoint diversity, and local news.

Entities

Anna Gomez · Brendan Carr · Federal Communications Commission · Nexstar Media Group · Tegna Inc.

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