"Media Consolidation Under Scrutiny: FCC's Station Ownership Cap Faces Reevaluation The Federal Communications Commission (FCC) has implemented a long-standing policy limiting the number of local broadcast stations that individual owners can own, with the cap most recently raised to 39% in 2004. The regulation, which has its roots in 1941, aims to promote localism and diversity in broadcasting by preventing a small group of companies from dominating the airwaves. However, the ever-changing media landscape has raised questions about the effectiveness of this cap in the age of cable and online streaming. As the FCC considers revising its rules, concerns about media consolidation and its impact on local communities are likely to come to the forefront."
The FCC has limited the number of stations local broadcast station owners can own since 1941 and most recently raised the cap to 39% in 2004.