This is great news for Nexstar Media Group and Sinclair Broadcast Group.

Local TV stations might temper expectations for big national growth -- a bit. But in the future? Mull over this longtime loaded media word: network. Current FCC regulations dictate TV stations cannot ...

The Federal Communications Commission will vote Aug. 6 on a proposal that could dramatically reshape local TV ownership by loosening long-standing limits on how many stations a single company can own.

The FCC voted 2-1 to lift the cap in favor of a case-by-case approach. The FCC's Democrat said the proposal was illegal, arguing only Congress can lift the cap.

Federal Communications Commissioner Brendan Carr (right), shown in a photo with Acting U.S. Assistant Attorney General for the Antitrust Division Omeed Assefi. Carr posted the photo just three days ...