FCC scraps limit on local TV ownership in win for media conglomerates

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The FCC overturned the 'national cap' rule — Media conglomerates can now own more TV stations nationwide.
Television industry consolidation is expected — Increased market power for larger networks may affect content diversity and local programming. FCC's decision likely paves the way for greater media company expansion across U.S. markets.

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FCC scraps limit on local TV ownership in win for media conglomerates

The 2-1 vote along party lines repealed ‘national cap’ that served as a key check on consolidation of the TV industryIn a historic vote on Thursday morning, the Federal Communications Commission (FCC) voted along party lines to overturn a key check against the consolidation of the television...

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