The Federal Communications Commission has been asked by a trade group to eliminate the rule that bars companies from owning a TV station and a daily newspaper in the same market, Bloomberg reports.
The Newspaper Association of America filed the request Monday with the FCC. The Arlington, Va.-based group, which represents about 2,000 newspapers, called the 1975 rule a “relic” and said it is an obstacle to investment by broadcasters, the story reports.
The FCC has proposed easing the rule, which was designed to help diversify media ownership. But that proposal has opposition.
The report notes: “Consumer groups said the FCC’s proposal would concentrate too much power in the hands of large companies and limit the number of voices in a community.”