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Senate panel 'vetos' FCC ownership


April 24, 2008 The Senate Commerce Committee on Thursday told the FCC to drop dead as far it's media ownership policy is concerned. Without dissent the panel approved a "legislative veto" that would prevent the commission from implementing new regulations that remove the federal bar to newspaper-broadcast combinations in the top markets and make it easier for the combos to receive approval in the smaller ones. When the FCC approved the rule late last year, FCC Chairman Kevin Martin described it as a "relatively minor loosening" of broadcast media ownership restrictions.

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