Federal Communications Commission Chairman Kevin Martin said Friday that he plans to launch proceedings “as soon as we can” to consider revising the agency’s media ownership rules.

In addition, during a briefing for reporters, Mr. Martin said he continues to believe that an agency regulation barring daily newspapers from buying radio or TV stations in their markets is in particular need of review.

“We’ll do our best to update that rule and the other media ownership rules,” he said. During the briefing Mr. Martin declined direct comment on whether an agency resolution of Time Warner and Comcast’s application to buy Adelphia Communications for $17.6 billion had stalled because he lacked the support of a majority of the agency’s commissioners.

“If there’s a consensus and a majority about how to end up dealing with any of these transactions, I’ll always move it through,” Mr. Martin said.

Time Warner and Comcast’s application has been pending at the agency for 286 days. The briefing for reporters was the first during Mr. Martin’s tenure as the agency’s chairman, a position he assumed March 18, 2005.