FCC Plans a Huge Vote on Landmark Media Ownership Rules

October 25, 2017, 7:19 PM UTC

The Federal Communications Commission will vote at its November meeting to rollback landmark media ownership regulations that limit the ability of companies to own multiple TV stations and newspapers in the same market and remove other restrictions, Chairman Ajit Pai told a congressional panel Wednesday.

The move would be a win for newspaper companies and broadcasters that have pushed for the change for decades, but was criticized by Democrats who said it could usher in a new era of media outlet consolidation.

The FCC in 1975 banned cross-ownership of a newspaper and broadcast station in the same market, unless it granted a waiver, to ensure a diversity of opinions.

Get Data Sheet, Fortune’s technology newsletter

The FCC allowed existing ownership structures to remain in place.

Read More

Artificial IntelligenceCryptocurrencyMetaverseCybersecurityTech Forward