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FCC Votes to Repeal National Broadcast Ownership Cap
['Kayla Cobb', 'Lucas Manfredi', 'Kayla Is A Senior Reporter At Thewrap', 'Covering The Business', 'Content Of Creators', 'Streaming', 'Linear Television. Before Joining Thewrap In April Of', 'She Was The Senior Tv Reporter At Decider', 'The New York Post S Entertainment Vertical That Focuses On The Streaming Industry. Kayla Is Also A Member Of The Television Critics Association.', 'Lucas Manfredi Is A Tv Business Reporter At Thewrap']
TheWrap
Getting your Trinity Audio player ready…The Federal Communications Commission voted to repeal the national broadcast ownership cap and replace it with a case-by-case review, approving the measure by a 2-1 margin on Thursday.
“I don’t want local broadcast TV to go the way of local newspapers.
“We should learn from our mistakes with the local newspaper industry, and we should not let the same thing happen to the local broadcast TV industry.
Though Gomez and other critics of the move argue only Congress can eliminate or raise the cap, Carr disagreed.
“The future of local broadcast TV has to be localism.