FCC Allows Some Broadcasters Cross-Ownership

Along a 3-2 party line vote, the FCC approved today a decision allowing media companies in the 20 largest American markets to own both a newspaper and a television or radio station. FCC Chair Kevin J. Martin argued that the media landscape has changed significantly since the 1975 cross-ownership rules barring a single company from owning a newspaper and a broadcast station in the same market were first implemented.