WIRED BusinessThe FCC Says Local Media is Thriving. That's Not So Clear.
With a few exceptions, it's against federal regulations for your local television station to buy your local newspaper. Thursday, the Federal Communications Commission will vote on a proposal to change those rules. Since 1975, the commission has generally barred organizations from owning both a newspaper and a full-power radio or television station in the same market to protect what it calls "viewpoint diversity.
