By: Todd Shields
(Mediaweek) The Federal Communications Commission this Thursday will launch a comprehensive review of its broadcast ownership rules.
The agency will invite comment on whether it should retain limits on radio and television station ownership; whether networks should be able to buy one another; and whether daily newspapers should be allowed to own local broadcast stations.
The FCC hopes to complete its update of the rules by spring.
The review follows years of scrutiny by federal judges, who questioned whether there are sufficient legal underpinnings to the complex rules. Interest groups will argue the rules are needed to retain diverse programming and local input. Media companies say the regs made sense in the early days of TV but are now outdated.