In a 2-1 decision last week, the Third U.S. Circuit Court of Appeals squashed recent efforts by the Federal Communications Commission (FCC) to deregulate media ownership rules, which would have allowed local news outlets across the country to adapt and thrive. Instead, a 40-year-old rule restricting cross-ownership of a newspaper and TV station in the same major market will remain in place to the detriment of local journalism and media content.
To read why, visit the Hill’s Congress Blog