Federal Communications Commission scraps limit on broadcast TV ownership

The Federal Communications Commission, the government agency that regulates the broadcast airwaves, voted Thursday to eliminate a cap on the share of U.S. television households a single company can reach, a major move that could pave the way for more corporate consolidation in the media industry.

Tags: nbc.com - Finance, Stocks, All Finance, Forex, United Kingdom, S&P 500 Index, NASDAQ 100 Components

Orignal story from: nbc.com - Finance