3rd Circ. Lifts Stay On FCC Cross-Ownership Rule

Law360, New York (March 23, 2010, 7:24 PM EDT) -- A federal appeals court has ruled to lift the stay on the Federal Communications Commission's controversial cross-ownership rule, freeing up companies to purchase both a broadcast station and daily newspaper in the same media market — at least for now.

The U.S. Court of Appeals for the Third Circuit issued a brief ruling Tuesday lifting its stay of the 2008 FCC order that loosened media ownership restrictions.

The rule is a holdover from President George W. Bush's administration and had drawn fire from citizens' groups organizations...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.