Under Chairman Kevin Martin's plan, set for a commission vote Dec. 18, newspapers in the nation's 20-largest
media markets could buy one radio or television station in their cities, if certain conditions apply. The station could not be among the four most-watched in the market, essentially preventing
newspapers from buying popular stations affiliated with ABC, CBS, NBC or Fox.
While companies like Tribune and Belo applaud the move, but anti-consolidation groups vehemently disagreed, saying it would place too much power in the hands of a few moguls.