FCC Officially Raises Station Ownership Cap to 39%

FCC OFFICIALLY RAISES STATION OWNERSHIP CAP TO 39%
[SOURCE: Broadcasting&Cable, AUTHOR: John Eggerton]
The FCC officially rewrote its rules to raise the cap on a TV group owner's household reach to 39%. That's the total percentage of U.S. households a single TV station group owner is allowed to reach, although only half of a UHF stations audience counts toward that cap. That move comes a little over three years after President George W. Bush signed the bill into law that changed the cap to 39%. The FCC had wanted to raise it from 35% to 45%, but Congress stepped in to split the difference. What is essentially a housekeeping move by the FCC comes in advance of its oversight hearing before House Democrats on March 14. Although officially adopted August 10, 2006, the new rules won't take effect until 30 days after being published in the federal register.
http://www.broadcastingcable.com/article/CA6420878.html?display=Breaking...

* FCC Order
http://hraunfoss.fcc.gov/edocs_public/attachmatch/FCC-06-117A1.doc