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In a forceful filing submitted wednesday to the federal communications commission (fcc), newsmax media, inc Newsmax has broken rank with its television peers by urging the federal communications commission (fcc) to preserve certain national tv ownership rules. Strongly opposed any effort to raise or eliminate the national television ownership limit — commonly known as the horizontal ownership cap.
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Fresh off his crusade against jimmy kimmel and abc, the chair of the federal communications commission may eliminate tv station ownership limits in a potential gift for station owners like. In recent filings, the nab painted the picture of an industry under existential threat. This article explores the history and purpose of the national ownership cap, the fcc’s latest move to reassess it, the stakeholders involved, the arguments on both sides, the potential implications for the media industry, and what might come next in this regulatory saga.
Trump administration targets big tech dominance through fcc reforms
Chairman carr pushes to eliminate outdated broadcast ownership caps that favor youtube over local news. Newsmax media filed extensive comments with the federal communications commission opposing changes to broadcast television ownership limits, arguing that relaxing restrictions would reduce. Owners of local abc, cbs, fox, and nbc television stations are pressing the federal communications commission (fcc) to scrap longstanding ownership restrictions, arguing that the rules hinder their ability to compete with tech giants like netflix, tiktok, and youtube.
