FCC Releases 2014 Quadrennial Review of the Commission's Broadcast Ownership Rules

The Federal Communications Commission adopted on August 10 and released on Aug 25 its Second Report and Order, bringing to a close the 2010 and 2014 Quadrennial Review proceedings. The FCC maintains strong media ownership rules, takes steps to help promote small business participation in the broadcast industry, and adopts rules that will help to promote transparency in local television markets. The FCC found that the public interest is best served by retaining its existing rules, with some minor modifications.