Story perspectives
FCC to Vote Dropping 39% Ownership Cap, Aiding $6.2B Deal
8/6/2026
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Story summary
- The FCC will vote Thursday on dropping the rule that limits owners to 39% of households.
- Sinclair CEO Chris Ripley said removal would let local TV compete with big-tech, boost news and enable M&A.
- Dropping the cap that bars control of stations in 39% of markets could help Nexstar’s $6.2 billion Tegna deal.
- FCC Democrat Anna Gomez said only Congress can change the cap, while Ripley claimed the FCC has authority.
