Infinity Broadcasting

Telecommunications Act of 1996 Eliminates Radio Ownership Caps and Raises TV Limits, Triggering Massive Media Consolidation

| Importance: 10/10

President Bill Clinton signs the Telecommunications Act of 1996 into law, eliminating the national cap on radio station ownership (previously 40 stations maximum) and increasing the television audience reach cap from 25% to 35%, triggering one of the largest media consolidation waves in American …

Bill Clinton U.S. Congress Federal Communications Commission (FCC) Clear Channel Communications Viacom +1 more media-consolidation deregulation telecommunications-act corporate-lobbying fcc +2 more
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