US Court of Appeals for DC Circuit Rejects Petition to Reverse FCC's UHF Discount
The US Court of Appeals for the DC Circuit has declined to overturn the Federal Communications Commission's restoration of the UHF discount on the grounds that the parties challenging it--Free Press, Prometheus Radio--did not have standing to bring the challenge. That could be a big boost to broadcast mergers and acquisitions, though it might not be the big boost for the Sinclair-Tribune deal given the FCC's other problems with the deal. The UHF discount means that only half of a UHF TV station's audience counts towards the 39% national ownership cap.