FCC plans vote that could help Sinclair close megadeal

FCC plans vote that could help Sinclair close megadeal

5 years ago
Anonymous $roN-uuAfLt

https://www.cnet.com/news/fcc-plans-vote-on-media-ownership-rules-that-could-help-sinclair-close-megadeal/

FCC Chairman Ajit Pai is expected to take another stab at loosening media ownership rules, a move that could help pave the way for a merger of the Sinclair Media Group and Tribune Media.

Pai is expected to hold a vote July 12 to alter the limits on how many TV stations a company can own, according to a Thursday report from Bloomberg, which cited unnamed sources. Currently, broadcasters are capped at a national audience reach of 39 percent. It's unclear what the suggested new cap would be.