FCC Plans to Rip Up Local TV Station Ownership Rules The Federal Communications Commission (FCC) has been quietly building momentum to dismantle a key regulation that limits local TV station ownership.
Section 303, which currently restricts a single network from dominating more than 39 percent of the US audience market, is set to be scrapped in favor of a more opaque approval process.
On August 6, the FCC will vote on repealing Section 303, citing the need for deregulation in a rapidly changing media landscape.