Senators Push FCC For Tribune Decision

SENATORS PUSH FCC FOR TRIBUNE DECISION
[SOURCE: Broadcasting&Cable, AUTHOR: John Eggerton]
Sens Dick Durbin (D-IL) and Charles Schumer (D-NY) have asked the Federal Communications Commission to rule expeditiously on Tribune's planned sale of the stations to an employee group and billionaire Chicago investor Sam Zell. They argue that the "prompt consideration" of the deal is in the "public interest." Tribune has applied for extensions of its waivers to the newspaper-broadcast crossownership rule to the new ownership. Ordinarily, the waivers would expire with the change of control, but Tribune has pointed out that the FCC has already expressed a preference, backed by a Philadelphia federal appeals court, to drop the ban on owning a newspaper and TV station in the same market.
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