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FCC votes to scrap national broadcast TV ownership cap under Chair Carr

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The Federal Communications Commission voted Thursday to eliminate the national broadcast ownership cap that had prevented any single owner from reaching more than 39 percent of U.S. TV households. The decision was backed by FCC Chair Brendan Carr and Commissioner Olivia Trusty, while Democratic Commissioner Anna Gomez dissented. Carr had publicly criticized the rule for some time and announced last month his intention to bring it to a vote at Thursday's open meeting. The rule's removal marks a significant shift in U.S. broadcast media regulation, replacing the fixed ownership limit with a new framework yet to be fully detailed.

Read the full story at The Verge

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