The Federal Communications Commission voted to retain nearly all rules limiting cross-ownership of newspapers, radio and TV stations in the same market.
WASHINGTON, Aug 10- The U.S. Federal Communications Commission on Wednesday voted to retain nearly all rules limiting cross-ownership of newspapers, radio and TV stations in the same market, a source familiar with the vote said. The decision is a blow to struggling newspaper companies that have long pushed for the FCC to relax the restrictions.
In June, FCC chairman Tom Wheeler proposed retaining the existing rules barring companies in most instances from owning a newspaper and a broadcast TV or radio station in the same market, as well as other individual market limits on radio and TV stations with "slight modification," according to the summary of the proposal.
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