Lawmakers are taking a closer look at the Federal Communications Commission’s broadcast media ownership rules in light of a mega merger proposed by Nexstar Media Group as it looks to acquire fellow local broadcasting giant TEGNA.
A rule capping the percentage of households a single broadcaster can reach nationwide is at the center of debate around the deal, which has won the support of President Trump but stirred questions about the future of local news and media competitiveness from senators during a hearing on Tuesday.
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