- FCC plans to repeal the National Television Ownership Rule that limits broadcast owners to reaching 39% of US TV households.
- FCC Chairman Brendan Carr proposes replacing the limit with a case-by-case review for mergers, potentially allowing owners to exceed it more easily.
- Carr argues the change empowers local stations and criticizes legacy media, while critics claim it benefits Trump-friendly news companies.
- The FCC previously granted a waiver letting Nexstar acquire Tegna, reaching over 50% of TV households, citing authority to modify the rule.
- The repeal is likely to face legal challenges over the FCC's authority to overturn a congressional limit.