FCC Implements Supreme Court’s Prometheus Decision, Eliminating Cross-Ownership Rules and Restoring Modified Local Television and Radio Ownership Rules
By EsqSocial Corporation 09/06/21
On June 4, 2021, the Federal Communications Commission’s (FCC’s or Commission’s) Media Bureau formally implemented changes to the Commission’s media ownership rules as required to effectuate the recent decision by the U.S. Supreme Court concerning those rules. The Supreme Court’s unanimous decision determined that the FCC reasonably decided to eliminate the newspaper/broadcast cross-ownership rule and the radio/television cross-ownership rule and to relax the local television ownership rule....
By: Wiley Rein LLP