FCC To Review Cross-Ownership Rule

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By: Todd Shields Washington's fight over the rule that bars common ownership of a daily newspaper and a broadcast station in the same market is about to begin in earnest.

The Federal Communications Commission (FCC) plans to launch its formal review of the cross-ownership rule when it meets Thursday.

U.S. Sen. Ernest F. Hollings, D-S.C., chairman of the Senate Commerce Committee, wants to preserve the rule. FCC Chairman Michael Powell may seek to eliminate it.

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