US agency ends 39% local TV station ownership cap

The FCC has formally voted 2-1 to eliminate the longstanding national ownership cap that limited a single entity to owning 39% of local TV stations. This decision, supported by FCC chief Brendan Carr and commissioner Olivia Trusty, represents a significant victory for Nexstar and other large broadcasters. While the restriction is now removed, the move is expected to face legal challenges. The regulation had previously restricted the number of stations any one company could own.