FCC Overturns Media Cross-Ownership Rule

By Ron Zapata

Law360, New York (December 18, 2007, 12:00 AM ET) -- The Federal Communications Commission voted on Tuesday to overturn a 32-year-old rule that prohibited one entity from owning both a broadcast station and a daily newspaper in the same media market.

In a 3-2 vote split along party lines, the FCC's commissioners approved a proposal to allow cross-ownership in the country's largest 20 markets.

FCC Chairman Kevin Martin pushed for the change, claiming that the new rule would allow newspapers to survive in today's age of Internet and cable news by sharing operational costs across multiple...
To view the full article, take a free trial now.

Already a subscriber? Click here to login

You must correct or enter the following before you can submit this form:

All fields required

  5. Required

Only Law360 gives you:

Non-stop coverage of high-stakes litigation across 30 practices

Real-time tracking and reports on 10,000+ companies, firms and industries

Over 80,000 attorney profiles with neutral data collected from active lawsuits

Research tools to find cases, court documents, attorneys and companies

Customized feeds and alerts that can easily be shared with colleagues

In-depth expert analysis from high-profile attorneys at top firms

Access to our vault with over 75,000 original articles