FCC Votes to Scrap Media Ownership Cap | Honolulu News

The FCC is poised to vote on scrapping a decades-old media ownership cap that limits any one company to owning TV stations reaching no more than 39% of U.S. households. FCC Chair Brendan Carr argues the rule stifles competition and hinders local news investment, while critics like Commissioner Anna Gomez warn it’s a dangerous power grab that could concentrate media ownership in billionaire hands and erode diversity. Major broadcasters support the change as essential for modern competition, but legal challenges loom, with opponents pointing out Congress set the original limit and questioning the FCC’s authority to unilaterally repeal it. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/17f0f8a11e057681