Overview

• The FCC voted on Sept. 30 to seek public input on whether to retain, modify, or eliminate the Local Radio, Local Television, and Dual Network rules.
• The inquiry will examine market definitions, market-size tiers, numerical station limits, AM/FM subcaps, and local television market characteristics including the "top four" framework.
• The Dual Network prohibition on mergers among ABC, CBS, Fox, and NBC is on the table for possible modification or repeal.
• The review follows an Eighth Circuit decision vacating the FCC’s prior retention of the local TV "top four" ownership restriction.
• A separate proceeding on the national 39% TV audience cap closed public comments on Aug. 22, and any changes could affect pending combinations such as the Nexstar–Tegna deal, which remains subject to approvals.