BUtterfield 8 41,818 Posted 1 hour ago Share Posted 1 hour ago The FCC removed a key constraint on broadcasters’ ability to consolidate stations, voting to repeal an ownership cap put in place to try to limit power of any one media company. The FCC’s 2-1 vote Thursday was to repeal a restriction that limits companies from owning stations reaching more than 39% of TV households. But it faces a potential court challenge, amid warnings that only Congress has the authority to remove the restriction. FCC chairman Brendan Carr said that the move was long overdue given the dramatic changes to the competitive landscape, warning that inaction risked seeing local stations “going the way of newspapers.” “It is time to restore balance to the broadcast airwaves,” Carr said. “Repealing the national cap will provide essential relief for local broadcasters by restoring a healthy counterbalance to the growing leverage of national programmers.” He predicted that allowing broadcasters to increase scale will allow them to attract capital and boost advertising to produce news and other local programming. Removal of the cap — which limits any company from collecting stations that reach more than 39% of the country — has long been a goal of broadcasters, who have complained that they have been unable to scale up to compete with unregulated tech giants as they have siphoned off local television advertising revenue. The FCC move was quickly praised by the main broadcast lobby, the National Association of Broadcasters. Source Quote Link to post Share on other sites More sharing options...
Roughhouse Dandy 13,664 Posted 23 minutes ago Share Posted 23 minutes ago Oh, great. Just what we needed right now. Won't have any messed up repercussions. Completely fine. This is my Hannah Montana™️ lipgloss. Quote Link to post Share on other sites More sharing options...
onTheBrink 1,361 Posted 22 minutes ago Share Posted 22 minutes ago (edited) 44 minutes ago, BUtterfield 8 said: “It is time to restore balance to the broadcast airwaves,” Carr said. “Repealing the national cap will provide essential relief for local broadcasters by restoring a healthy counterbalance to the growing leverage of national programmers.” What a load of shi t. God almighty. Edited 21 minutes ago by onTheBrink Quote Link to post Share on other sites More sharing options...
bxr 2,192 Posted 4 minutes ago Share Posted 4 minutes ago Spoiler Quote Link to post Share on other sites More sharing options...
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