FCC to vote on lifting TV ownership cap next month

The Federal Communications Commission (FCC) plans to vote on ending the rule that limits companies to owning no more than two TV stations per market and restricting national ownership to 39%, potentially allowing larger media mergers. Industry advocates argue that technological changes and streaming have reduced traditional TV's dominance, prompting calls for regulatory relaxation. Critics, including consumer groups and state officials, warn that such consolidation could lead to job losses and reduced local news coverage. The FCC's decision is expected to influence future station acquisitions and the landscape of broadcast television regulation.

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