FCC Cross-Ownership Review Nearly Complete

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By: Todd Shields

Regulators may finish reviewing the newspaper-broadcast cross-ownership rule by the end of this year, said Federal Communications Commission Chairman Michael K. Powell. His remark came in answer to a question at a broadcasters’ convention in Las Vegas this week.

The FCC is deciding whether to repeal, relax, or retain the rule barring common ownership of a daily newspaper and a broadcast station in the same market. Since the FCC began the review in September, courts have told it to examine other media ownership restrictions, too.

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