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 …
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The Federal Communications Commission formally adopts the “seven-station rule” (Report and Order in Docket No. 8967, 18 F.C.C. 288) establishing that no single entity may own more than seven AM radio stations, seven FM radio stations, and seven television stations nationwide, with the …
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The Federal Communications Commission imposes the first national ownership restrictions for television stations at the dawn of the television industry, limiting any single entity from owning, operating, or controlling more than three television stations nationwide. The rule implements the …
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