Broadcasters Climb on FCC Plan to End Tv-station Ownership Cap

Dow Jones

07/16

Shares of big broadcasters rose after the Federal Communications Commission said it would repeal a limit on the ownership of TV stations.

Nexstar Media, which owns more than 200 television stations spanning the U.S. and recently bought rival Tegna, climbed 5.2%, to $184.40. Shares of Sinclair, E.W. Scripps and Gray Media each gained between 6% and 10%.

The FCC said Wednesday that it would vote early next month on an order repealing the current ownership rules that limit any one company's reach to 39% of the nation's television homes.

The agency said it seeks to replace the cap with a case-by-case review, allowing it to approve deals that "promote the public interest." FCC Chairman Brendan Carr has shown support for deregulating TV-station ownership rules.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

July 15, 2026 12:16 ET (16:16 GMT)

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Shares of Sinclair, E.W. Scripps and Gray Media each gained between 6% and 10%. \n</p>\n<p>\n  The FCC said Wednesday that it would vote early next month on an order repealing the current ownership rules that limit any one company's reach to 39% of the nation's television homes. \n</p>\n<p>\n  The agency said it seeks to replace the cap with a case-by-case review, allowing it to approve deals that \"promote the public interest.\" FCC Chairman Brendan Carr has shown support for deregulating TV-station ownership rules. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 15, 2026 12:16 ET (16:16 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SBGI","symbol_name":"辛克莱广播集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2651467894","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2651467894","pubTimestamp":1784132160,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of big broadcasters rose after the Federal Communications Commission said it would repeal a limit on the ownership of TV stations.Nexstar Media, which owns more than 200 television stations spanning the U.S. and recently bought rival Tegna, climbed 5.2%, to $184.40. 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Scripps Co Cl A"},"translate_title":"广播公司支持 FCC 结束电视台所有权上限的计划","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SSP":0.9,"NXST":0.9,"SBGI":0.9,"GTN":0.9},"content_text":"Shares of big broadcasters rose after the Federal Communications Commission said it would repeal a limit on the ownership of TV stations. \n\n\n  Nexstar Media, which owns more than 200 television stations spanning the U.S. and recently bought rival Tegna, climbed 5.2%, to $184.40. Shares of Sinclair, E.W. Scripps and Gray Media each gained between 6% and 10%. \n\n\n  The FCC said Wednesday that it would vote early next month on an order repealing the current ownership rules that limit any one company's reach to 39% of the nation's television homes. \n\n\n  The agency said it seeks to replace the cap with a case-by-case review, allowing it to approve deals that \"promote the public interest.\" FCC Chairman Brendan Carr has shown support for deregulating TV-station ownership rules. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 15, 2026 12:16 ET (16:16 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}