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FCC May Change Media Co. Ownership Rules

  • Bloomberg, Friday, December 23, 2011 12:29 PM

The Federal Communications Commission proposed a rule change that would ease restrictions on one company owning both a TV station and a newspaper in a top U.S. market. Under the new regulations, existing caps on joint TV and radio station ownership would remain. The FCC has not set a date to vote on the proposal yet.

"Approval of the FCC action may spur acquisitions, increasing the value of media companies," write Eric Engleman and Chris Strohm. 

Read the whole story at Bloomberg »

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