FCC Grants Waiver for Bloomberg TV Positioning

The Federal Communications Commission's Media Bureau has granted Bloomberg a waiver to allow Comcast to place Bloomberg TV adjacent to Comcast-owned CNBC but outside of so-called "news neighborhoods.”

"We find that there is good cause for waiver based on the specific facts presented to us because waiver will promote the parties’ private resolution of this matter in a manner that is consistent with the purpose of the condition i.e., preventing Comcast-NBCU from competitively disadvantaging placement," the Media Bureau said in granting the waiver. "Bloomberg itself is in the best position to determine that a channel position proximate CNBC accomplishes this goal."