financetom
Business
financetom
/
Business
/
US FCC to consider ending merger ban among US broadcast networks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US FCC to consider ending merger ban among US broadcast networks
Sep 30, 2025 10:17 AM

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Amazon US Prime Sign-Ups Fall Short of Last Year Tally, Company Target
Market Chatter: Amazon US Prime Sign-Ups Fall Short of Last Year Tally, Company Target
Sep 2, 2025
08:00 AM EDT, 09/02/2025 (MT Newswires) -- Amazon.com's ( AMZN ) US Prime sign-ups fell short of last year's aggregate and the company's own targets, Reuters reported Tuesday, citing internal data. The e-commerce giant registered 5.4 million US sign-ups over the 21-day run-up to Prime Day and its four-day sales event from July 8 through July 11, according to the...
Constellation Brands Slashes Fiscal 2026 Comparable Earnings Outlook
Constellation Brands Slashes Fiscal 2026 Comparable Earnings Outlook
Sep 2, 2025
07:59 AM EDT, 09/02/2025 (MT Newswires) -- Constellation Brands ( STZ ) said Tuesday that it is lowering its fiscal 2026 comparable earnings outlook to a range of $11.30 to $11.60 per share, compared with $12.60 to $12.90 previously. Analysts surveyed by FactSet expect $12.64. Chief Executive Bill Newlands cited dampened demand and more volatile consumer purchasing behavior amid a...
Stoke Therapeutics, Biogen Say Studies Support Potential of Dravet Syndrome Treatment
Stoke Therapeutics, Biogen Say Studies Support Potential of Dravet Syndrome Treatment
Sep 2, 2025
08:00 AM EDT, 09/02/2025 (MT Newswires) -- Stoke Therapeutics ( STOK ) and Biogen (BIIB) said Tuesday that data from the phase 1/2a and open-label extension studies of zorevunersen supported the potential of the investigational drug to treat Dravet syndrome. Across the studies, the drug showed substantial and durable reductions in major motor seizure frequency and continuing improvements in cognition,...
Tesla Tops Norway Auto Sales in August as Sales of EVs Hit 97% Share
Tesla Tops Norway Auto Sales in August as Sales of EVs Hit 97% Share
Sep 2, 2025
07:59 AM EDT, 09/02/2025 (MT Newswires) -- Tesla (TSLA) accounted for more than 20% of new car sales in Norway in August, with electric cars as a whole accounting for 97% of new passenger vehicle registrations, according to data from Norwegian Road Federation. Tesla's Model Y was the top selling model, while its Model 3 was third among cars sold...
Copyright 2023-2026 - www.financetom.com All Rights Reserved