3rd Circuit Lifts Stay on Media Cross-Ownership Ban
Decision alters rule enacted in the 1970s.
March 23, 2010 at 08:00 PM
1 minute read
The original version of this story was published on Law.com
A single media company can own both a newspaper and a television station in the same market, the 3rd Circuit ruled Tuesday. Starting in the 1970s, the Federal Communications Commission (FCC) banned, with a few exceptions, media conglomerates from owning multiple media outlets within the same market as an attempt to block duopolies. The FCC announced it would relax the rule in 2007, but several court challenges stayed the action.
Read the complete story in the New York Post.
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