The FCC has officially tossed out the media ownership cap, giving giant broadcast station groups the green light to go on an all-you-can-eat consolidation spree. By lifting limits on national ownership, federal regulators have cleared the path for massive media conglomerates to gobble up even more local stations across the country. The journalists in the trenches will suffer as station groups trim operational fat to service the massive debt from their latest acquisitions. They get served boilerplate, cookie-cutter content produced miles away from their actual communities, all wrapped in the cheap illusion of "local" news. With this move, they’ve served up local television on a silver platter to broadcast moguls, leaving working journalists and everyday viewers to pay the price.