Categories: Business

FCC to consider ending merger ban among broadcast networks

WASHINGTON (Reuters) -The Federal Communications Commission voted Tuesday to consider whether to lift the long-standing prohibition on a merger between any of the largest four broadcast networks and to consider relaxing other media ownership rules. The FCC said it could reverse the rule that bars a merger among the "Big Four" networks: NBC, owned by Comcast , Walt Disney Co's ABC, Paramount Skydance's CBS or Fox after considering public comments. The FCC also said it is seeking public comment on whether to eliminate or revise a rule that limits a single entity from owning more than two of the four largest television stations in the same local market and a rule that limits the total number of local radio stations that may be owned in a single market. (Reporting by David Shepardson)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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