The FCC vote media deregulation: FCC action begins the TV dealmaking dance. (Special Report).

Broadcasting & Cable, June, 2003 by McClellan, Steve

Just days after the FCC'S decision loosening the media-ownership rules, dereg fever hit Fairbanks, Alaska, TV market No. 203. The Fairbanks Daily News-Miner reported that its owners "will likely buy" Clear Channel's cross-town KTVF(TV) now that the newspaper/broadcast crossownership ban has been lifted in the market.

Okay, not exactly a Klondike gold rush, but the deal does illustrate who some broadcasting executives believe the big winners are in FCC's media-ownership ruling last week: newspaper owners with an appetite for co-located TV stations. But newspaper publishers won't be the only consolidators. The biggest broadcasters will seek to take advantage of the new rules by picking up stations in large markets where they previously could not. For...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.