FCC's Wheeler Pulls Media Ownership Proposal

By: Katy Bachman | Adweek

The Federal Communications Commission’s review of media ownership rules, now nearly three years late, is likely to drag on even longer. New FCC chairman Tom Wheeler has decided to withdraw the proposal to relax the rules circulated by his predecessor, Julius Genachowski, and replace it with his own, according to a Wall Street Journal report. 

Genachowski’s proposal, circulated about a year ago, called for relaxing the ban on owning a radio station and a newspaper in a single market, but keeping the ban on owning a TV station and a newspaper.