WASHINGTON, Sept 30 (Reuters) - The U.S. Federal
Communications Commission voted on Tuesday to consider whether
to lift the long-standing prohibition on a merger between any of
the largest four broadcast networks and to consider relaxing
other media ownership rules.
The FCC said it would consider public comments before deciding
whether to reverse the rule that bars a merger among the "Big
Four" networks: NBC, owned by Comcast ( CMCSA ), Walt Disney
Co's ( DIS ) ABC, Paramount Skydance's ( PSKY ) CBS or Fox
.
The FCC also said it was seeking public comment on whether to
eliminate or revise a rule that limits a single entity from
owning more than two of the four largest television stations in
the same local market and a rule that limits the total number of
local radio stations that may be owned in a single market.
Previously, the FCC noted that a version of the rule barring
dual ownership of networks has existed since the 1940s. A 2018
media ownership review concluded the bar should be upheld
"because it advances the agency's core policy objectives of
competition and localism.
"We intend to take a fresh approach to competition by
examining the broader media marketplace, rather than treating
broadcast radio and television as isolated markets," FCC Chair
Brendan Carr said. "If we determine that any rule no longer
serves the public interest, we will fulfill our statutory duty
to modify or eliminate those rules."
FCC Commissioner Anna Gomez, a Democrat, said the
commission should consider "modifications to current rules that
would both shore up the economics of broadcast television and
preserve the public interest."
In 2017, the FCC voted to eliminate the 42-year-old ban on
cross-ownership of a newspaper and TV station in a major market.
It also voted to make it easier for media companies to buy
additional local TV stations in the same market.