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FCC Eliminates UHF Ownership Discount

C

crackedscreen

Federal regulators tightened limits on owning television stations by eliminating the practice of only counting part of some stations’ audience, a move opposed by broadcasters including 21st Century Fox Inc. and Sinclair Broadcast Group Inc.

The Federal Communications Commission in a 3-to-2 Democratic-led party-line vote on Wednesday abolished the 30-year-old UHF discount. Under the eliminated discount, the agency counted only half of households in a TV station’s local area, when judging ownership against the limit of reaching 39 percent of U.S. TV households.

Groups that exceed the limit as a result of the change needn’t sell stations, but must comply in future transactions, meaning future deals could result in sales to conform with the regulation. Companies over the limit without the discount include Tribune Media Co., Ion Media Networks Inc. and Univision Communications Inc., the FCC said.
Click to expand...

http://www.bloomberg.com/news/artic...tv-station-ownership-curb-by-cutting-discount
 
This move makes a lot of sense in a DTV world - I can't figure out why they didn't take this action in 2009 or '10, before the DTV conversion.
 
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