FCC overturns limit on local TV ownership in win for media conglomerates
business
The Federal Communications Commission voted on Thursday to repeal a cap on local television ownership, removing a longstanding check on media consolidation. The rule had prevented any single company from owning stations that collectively reached more than thirty-nine percent of United States TV households. The Guardian reports the two-to-one vote split along party lines, delivering a win for major television conglomerates including Sinclair Broadcast Group and Nexstar, which have sought to expand their nationwide reach.
Source: https://www.theguardian.com/media/2026/aug/06/fcc-overtur...
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