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FCC votes to eliminate broadcast ownership rule

FCC votes to eliminate broadcast ownership rule

Also reported by Axios

Summary

The FCC voted to remove a rule that limited how many households a TV broadcaster can reach across the country. This change aims to help TV networks compete better with fast-growing technology companies.

Key Facts

  • The FCC removed a rule that capped the number of households a broadcaster could reach nationally.
  • The rule had been in place since the early 2000s.
  • The goal is to help TV networks compete with tech companies growing quickly in media.
  • The rule’s removal could allow broadcasters to expand their audience reach.
  • The commission believes this change is necessary to keep up with changes in the media industry.
  • The decision was made on a Thursday by the FCC members.
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