Cross-ownership still on hold


Late last week, the Third Circuit Court of Appeals announced that the stay is own, and that the FCC’s 12/18/07 limited relaxation of ownership regulations is still on hold. Kevin Martin’s attempted loosening of the rules would have allowed print/broadcast combinations in the top 20 DMAs only. The court wants involved parties to have status reports ready 10/1/09.

RBR/TVBR observation: There may not be any newspapers left by the time this issue is resolved. Or maybe they will have solved their business model problem and will be in robust health. All we’re trying to say is we’re not holding our breaths while we wait for this issue to be resolved.