Networks Say Looser Ownership Rules Could Save Broadcast
Law360 (November 24, 2020, 8:12 PM EST) -- The U.S. Supreme Court must not seal a bleak future for TV networks by maintaining Federal Communications Commission ownership restrictions that prevent local stations from combining, major broadcasters wrote in amicus briefs filed Monday.
ABC, CBS, NBC and Fox affiliates representing over 600 local TV stations told the high court they're increasingly competing with unregulated online platforms for ad dollars and viewers while those internet-age competitors remain unfettered from regulatory costs and restrictions.
"Unless the way is cleared for the commission to modernize the local ownership rules … [and] achieve efficiencies and economies of scale made possible by consolidation, many local...
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