Broadcasters hit back on ownership rules

Radio and TV broadcasters issued a formal rebuke to the Federal Communications Commission’s restrictions on company ownership. The FCC should “recognize and come to grips” with the changes that have taken place in the media market over the last eight years, the National Association of Broadcasters said.

“In light of the tectonic shift in the media landscape, nearly every one of the broadcast ownership rules needs updating,” it added. Among those are rules banning one company from owning two of the top four TV stations in a market and preventing a broadcaster from owning a local newspaper.