FCC scraps limit on local TV ownership in win for media conglomerates
The 2-1 vote along party lines repealed ‘national cap’ that served as a key check on consolidation of the TV industry
TL;DR
- FCC voted 2-1 to repeal the 'national cap'.
- The vote was along party lines.
- The 'national cap' restricted TV industry consolidation.
- The repeal is seen as a win for media conglomerates.