The FCC's Broadcast Bonanza: A Recipe for Media Disaster The Federal Communications Commission has given itself a license to consolidate media power by repealing the National Television Ownership Rule.
This move opens the floodgates for broadcast giants like Sinclair Broadcast Group and Nexstar Media Group to swallow up smaller stations, further concentrating ownership and control of America's airwaves.
The 39 percent cap, which has been in place since 1996, was designed to prevent any single corporation from dominating local markets.