FCC's New UHF Rule Will Slow Mergers, For Better Or Worse

Law360, New York (September 27, 2013, 7:36 PM EDT) -- A rule change proposed Thursday by the Federal Communications Commission would certainly put a crimp in the recent wave of consolidation in the television industry. Whether that's a good thing or a bad thing depends on who you ask.

Under current FCC ownership rules, companies are limited in total ownership of television stations so that a single company doesn't reach more than 39 percent of households nationwide. But stations that broadcast in ultrahigh frequency, or UHF, count only half as much toward the cap as those...
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